Default date question

geordiejc

I defaulted on a loan 05/07/2011.

I settled the balance off in July 2016.

As you can see from the picture below from noddle, every month since the default, a default marker has been applied.

My understanding was that in 07/2017 this default would drop off my file after 6 years, however because a default market has been put on every month since 2011, does this mean that the default marker applied in july 2016 now has to wait 6 another 6 years to drop off, making it 12 years not 6?

Bonfire_Bride

It will be removed 6 years from the date the default was registered.

sourcrates

No,


As above. defaults are registered for 6 years, after which they drop off your file.


The credit reference agencies are just reporting the original default every month,
Come 05/07/2017, it will be gone from your file paid or not.