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Are 3 defaults worth 350 points each?
ChocolateFrijj
Posts: 3 Newbie
Hello! I can't find the answer to this question anywhere, does anybody know? I have 3 defaults, are they worth 350 negative points each?
Thanks!!
Luke
Thanks!!
Luke
0
Comments
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No. They're worth whatever random number the CRA gives them. They may be positive or negative points.
Focus on not defaulting, clearing your debts and managing your credit responsibly.0 -
Hello! Yes I'm focusing on repairing and staying on top, which is just why I ask, how many points am I ikely to go up by once defaults age by 2 years?
Thanks!
Luke0 -
None. The score is fictitious. Always ignore it.
Just manage your credit responsibly.0 -
Thanks for your help in repairing my credit score 😂👍0
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No problem. Hopefully you've saved yourself a lot of heartache and needless frustration.
Remember to keep it simple.
Good things good. Bad things bad. CRA score meaningless.0 -
YES Your previous 999 Experian score has now dropped to -51. Good luck with your negative credit score. Enjoy it while it lasts.ChocolateFrijj wrote: »Hello! I can't find the answer to this question anywhere, does anybody know? I have 3 defaults, are they worth 350 negative points each?
Thanks!!
Luke
If settled 17 points each so your credit score will be 0.ChocolateFrijj wrote: »Hello! Yes I'm focusing on repairing and staying on top, which is just why I ask, how many points am I ikely to go up by once defaults age by 2 years?
Thanks!
Luke
If unsettled, 4 points each so your score will increase to -390 -
You should have that as your signature it would save a lot of time :rotfl:Deleted_User wrote: »None. The score is fictitious. Always ignore it.
Just manage your credit responsibly.
To OP,the "score" is a marketing ploy to get the public to subscribe to their pay-for services. Creditors will see the facts on your file, i.e. the defaults and balances and use that to work out what risk you are0 -
No. If they were, you'd have a negative score0
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JayMawds82 wrote: »No. If they were, you'd have a negative score
And would still be as useful and accurate as a positive number0
This discussion has been closed.
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