We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Default should have dropped off
chonty1982
Posts: 9 Forumite
Hiya,
I defaulted on an account which will drop off my credit file this month. I am still paying the debt. I just went onto clearscore to look at my report and it says from next month:
A credit agreement will be removed from your next credit report
See details
A new credit sale fixed term will be added to your next credit report
See details
I'm confused what the new credit sale fixed term is. That's the same debt that's coming off my account. How is this possible?
Please help, I'm really confused! I was looking forward to having a clear credit report!
Thanks
Chantelle
I defaulted on an account which will drop off my credit file this month. I am still paying the debt. I just went onto clearscore to look at my report and it says from next month:
A credit agreement will be removed from your next credit report
See details
A new credit sale fixed term will be added to your next credit report
See details
I'm confused what the new credit sale fixed term is. That's the same debt that's coming off my account. How is this possible?
Please help, I'm really confused! I was looking forward to having a clear credit report!
Thanks
Chantelle
0
Comments
-
Ask the CRA to explain it0
-
What's the CRA?0
-
The (CRA) Credit Reference Agency is Clearscore/EquifaxI work within the voluntary sector, supporting vulnerable people to rebuild their lives.
I love my job
0 -
Ah ok thanks. I can't call clear score so have emailed them. Ive looked at my Equifax report and this isn't on there! I'm very confused.0
-
chonty1982 wrote: »Ah ok thanks. I can't call clear score so have emailed them. Ive looked at my Equifax report and this isn't on there! I'm very confused.
Companies are free to report to whichever CRA they like. This can be all, 1, 2, none or whatever they like. Each agencies report is just areflection of the data they hold.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards