Late Payments be Default

Dennis_B_7791

I’ve asked a similar question on another thread but I don’t think it was clear what information I needed.

Would it be better to have a default removed from my credit file, which would mean late payments showing for another 5 years until entry drops off file or;

Keep default on my file, as this would drop off after 4 years, albeit I think the start date should be 6 months earlier. 
Progressive Money have emailed me to say they are going to remove default but my focus is cleaning my file ASAP, so if this is going to result in my file still being scarred for 5 years instead of 4, I’m thinking it would be better to have the default still on file - I have multiple other defaults 

[Deleted User]

If depends on your objectives within the next 4-5 years, as well as the number of late payments that would show.

Dennis_B_7791

There will be 11 missed payments from year 2 of the loan. These were the months prior to me fully settling account in Sept 19

My objective is to clear my file ASAP of the adverse credit issues that I incurred when all my money was going toward private treatment for my wife’s cancer fight. 

I’ve settled all defaults and I know I have 4 years until these all drop off file but by Progressive removing default that’s going to leave me with this entry on my file with 11 missed payments in 2018/2019 for an extra year than I was projecting 

[Deleted User]

If your sole objective is to clear your file as soon as possible, then the answer is simple. You want the default to stay.

If your objectives were to apply for particular credit facilities in the next 4-5 years, you would potentially have a different strategy.

Dennis_B_7791

I would like to apply for a mortgage ASAP but appreciate it’s going to take time based on the defaults incurred during a terrible period of my life. 

At current time, I would have no issues with respect of affordability, so it’s about how quickly I can go for a mortgage and hence question. I appreciate it will take time but the question could mean a difference of 12+ months 
thanks