Post DRO help please

cathbridge_21

Hello all,


I started my DRO back in 2013 and completed the 1st year in June 2014,


ive been on Experian to take a look at my report and the accounts that were included in my dro all still have defaults on them and haven't been updated since 2013, all the balances are still the same,


is this correct? I thought that the balances were changed to zero and marked as settled once the dro initial year was completed? will these accounts come off my credit file after the 6 years has passed the same as the dro coming off my file or is there something I need to be doing to get them updated?


I could be completely mis informed in what I thought would happen so if anyone can please help it would be very welcomed!

fatbelly

It sounds like everything will disappear in 2019, which is correct. It is possible that the balance figures will have a little effect on your credit but with multiple defaults and a DRO, it's not going to make much difference.