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Defaults expired 8/19 should I offer partial settlements and will now show on credit file

Tedshred
Tedshred Posts: 6
Second Anniversary First Post
Forumite
edited 15 May 2020 at 11:33AM in Credit file & ratings
My 5 defaults expired 8/19 and don't show on credit file

I am now in a position to make offers on them all. of around 60%. They all have about 4yrs of agreed payments left.
If there agree the partial settlement will this show on credit file as the defaults have dropped off






Comments

  • Fighter1986
    Fighter1986 Posts: 834
    500 Posts Third Anniversary Name Dropper
    Forumite
    edited 15 May 2020 at 10:50AM
    None of the payments you make will reflect on your credit files any more.

    Lowball your offers starting at 25% of the current outstanding balance. 
  • Tedshred
    Tedshred Posts: 6
    Second Anniversary First Post
    Forumite
    Just an update capitol one accepted £403 for debt £1894.
    Will pay that this week.
    The rest have asked for a budget planner. Will keep you posted 
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