3 year old default

Scott1875

Hi looking for a bit of advice from people who are more clued up about this than me. I stupidly defaulted a credit card account 3 years ago. This was paid off immediately so my credit file is showing a settled default from September 2016. I know a default stays on your file for 6 years but the severity diminishes over time. My question is what impact will a 3 year old default have when applying for a mortgage or better rate credit cards? Other than my stupidly defaulting the CC, I've got a history of paying a 3 and 5 year loan with no missed or late payments and 3 year history paying off a higher interest credit card (capital one) in full every month. My imaginary credit score is low on Experian and good on Equifax. Thanks for your help.

[Deleted User]

Who knows?

Lenders have their own criteria for their products.

Use some eligibility checkers for credit cards and if in doubt about the mortgage use a broker.

Scott1875

Thanks folks