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Is it date of account closed or date of default
slowly_getting_there
Posts: 2 Newbie
Hi,
I have been on the phone to the credit reference agencies, the original creditors and the money advice service. None of these can give me a straight answer so I am hoping one of you knowledgeable lot might be able to.
I had accounts default in September 2011. On my credit report it reports this along with a closed account dates of 2015. I believe this is the date I cleared the balance. In the account history section it says D (default) every month from 2011 - 2015.
When will this come off my credit file? Is it 6 years from the original default in or 6 years from the most recent?
I'm am getting conflicting advice. Some say it will all be removed 6 years from the date of default whilst others say it will be 6 years from the date the account closed.
I hope someone can give me a clear answer on this. I am willing to share the report if it helps anyone shed light on this.
Many thanks.
I have been on the phone to the credit reference agencies, the original creditors and the money advice service. None of these can give me a straight answer so I am hoping one of you knowledgeable lot might be able to.
I had accounts default in September 2011. On my credit report it reports this along with a closed account dates of 2015. I believe this is the date I cleared the balance. In the account history section it says D (default) every month from 2011 - 2015.
When will this come off my credit file? Is it 6 years from the original default in or 6 years from the most recent?
I'm am getting conflicting advice. Some say it will all be removed 6 years from the date of default whilst others say it will be 6 years from the date the account closed.
I hope someone can give me a clear answer on this. I am willing to share the report if it helps anyone shed light on this.
Many thanks.
0
Comments
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Original default.
End of, as the kids say.0 -
Date of default always.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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Thank you both for the replies.
Hopefully come October's free credit reports these should be gone then ��
Makes it seem pointless ever paying them off (2 years ago) as it made !!!!!! all difference to my credit score.
I have no missed payments for nearly 2 years and will have no defaults so if this doesn't repair my credit file I am totally giving up checking it!!0 -
Lenders will view you more positively with settle defaults than unsettled, so you did the right thing for your credit file.0
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