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Defaults on Loans and on credit score
hanspans
Posts: 177 Forumite
Does anyone know when a default is removed from your credit report?
Saving £12k in 2015
January : £200
:A:A
January : £200
:A:A
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Comments
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It is removed 6 years from the date of the default.I came into this world with nothing and I'm gonna leave with nothing.0
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oh my god! nightmare. how unlikely is it i'll be offered a loan when i've got a default, do you know?Saving £12k in 2015
January : £200
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It is not very likely you will be offered a loan, at least by the mainstream lenders. If you manage to get a loan it will probably be an adverse credit lender, that will charge a higher APR (because you are now seen as a higher risk borrower).I came into this world with nothing and I'm gonna leave with nothing.0
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