Removing satisfied defaults

amgamc1983

Can anyonr help me, I know its a long shot but in trying to get 4 satisfied defaults removed from my credit file. All were for under £400 (3 for under £100) all paid in full August 2016 via Payplan. they are due to drop off 2018 and 2019 but in the mean time i cannot get a mortgage and privately renting is crippling us.
the debts were occurred as i lost my job but started paying back as soon as i got another.
Tmobile
Moorcroft
Next
Lowells
any help would be appreciated

sourcrates

Can't be removed under any circumstances now, sorry.

Your credit file has to reflect your financial history.

MrsTinks

The defaults are there for 6 years (5 in Scotland) so as long as the original registered dates are correct then they will drop off in time. If you think the defaults were added with a late date then you can get the date corrected, still not removed.

4 satisfied defaults from 4-5 years ago however should not be enough to prevent you getting a mortgage... Have you been rebuilding your credit history? Have you got a decent deposit set aside?
Have you spoken to an independent mortgage adviser?

Lots of things will determine your mortgage eligibility, and whilst they may affect what rate you get then they probably wouldn't be enough to prevent you being offered one completely. DH had a default (joint account with his ex - long story but as soon as he knew then it was settled - we managed to remortgage twice whilst it was still on his history).
There are lots of factors that come into play, the main ones are loan to value of the property and affordability of a mortgage to you. Speak to someone independent.

amgamc1983

I have been but my score seems to have been the same for 4 months hasnt improved despite paying everything on time. I dont want to apply for credit and get rejected as that would make things worse
how could i improve it further? Im at a brick wall so any help would be great

backinbusiness

Default status is the same in Scotland and England.

National_Debtline

Hi

I’ve heard of a few cases where a creditor has agreed to remove a default as a good will gesture, but that’s very rare and entirely at their discretion. Don't pin your hopes on it. A mortgage broker who specialises in poor credit history would probably be your best chance of finding a mortgage with the defaults still on your file.

Backinbusiness is right that defaults show on a credit file for 6 years in Scotland too.

James
@natdebtline

sourcrates

MrsTinks wrote: »

The defaults are there for 6 years (5 in Scotland).

Mrs Tinks,

Your confusing the Limitations period in Scotland, with the time defaults stay on your file.

It's six years both sides of the border for defaults.

Limitations period is 6 years here, 5 in Scotland.

X

MrsTinks

I stand corrected

sourcrates

MrsTinks wrote: »

I stand corrected

Slap that wrist !! 😝

kirstybum

I actually had success getting a Lowell default removed, after lots of refusal I emailed the company director and told him how it was affecting my life (it was only a small amount too) and it was removed. Obviously you have to have paid the money off.
Also with Virgin I offered to pay it off in return for removing the default record and they did. Still trying with Vodafone though my last remaining one.

MrsTinks

sourcrates wrote: »

Slap that wrist !! 😝

Cheeky!

Always learning