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
Partially Settled Debts and Your Credit Rating
Comments
-
Thanks for that, I wasn't aware I could do that. It made for some rather uncomfortable reading ..
The first Lowell debt defaulted on 21/1/2019 and was updated on 23/10/2019.
The second defaulted on 13/2/2019 and was updated 20/1/2020.0 -
Any unsettled accounts will live on. Well after they've disappeared from your credit history. The finance companies (as in groups) concerned will not forget. In the future remember who you defaulted on. As you may find yourself declined.2
-
I get that but credit isn’t really an issue for me and never has been (and never will be, to be fair). I have no aspirations to have a credit card at all as I don’t need one.Thrugelmir said:Any unsettled accounts will live on. Well after they've disappeared from your credit history. The finance companies (as in groups) concerned will not forget. In the future remember who you defaulted on. As you may find yourself declined.
My credit rating has been poor for so long it’s basically normal for me.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
