Credit Score Help After Payday Loans Removed?

Locker1977

Hello I have recently won an irresponsible lending complaint against Sunny Loans and they have stated that the 19 loans I had with them with be totally removed from my credit file. My question is that will this have a negative or positive effect on my credit score? Obviously the loans being removed will be a good thing, but they are also showing as being paid on time so will this be a bad thing having them taken from credit file?

Thanks in advance :-)

Ben8282

Forget the meaningless credit score. Concentrate on the information on your credit files. The removal of payday loans will look better to potential lenders. Presumably your credit files also show other accounts. Your attractiveness to potential lenders will depend on how you have managed these other accounts.

Locker1977

Thank you for your reply as I wasn't sure if it was a good or bad thing. I am hoping to get a mortgage soon so I am glad the removal of payday loans will look better to potential lenders. I appreciate your reply