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Letters: empty threat of CCJ or genuine warning of upcoming CCJ?
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If I pay £10 / month, will this debt appear affect my credit report for 200 months?
No, if the debt was defaulted in 2012 then the entry disappears in 2018.The advantage of settling this debt now is that it my credit score will improve?
It would change from a default to a settled default, or in the case of a full & final settlement, a partially settled default, for the final year it appeared. That might make a small difference to how potential lenders view you.
A ccj will create a fresh mark that will stay for 6 years from the date of judgement, unless you paid it in full within a month of the date of judgement.0
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