When do "satisfied" debts clear my credit file?

Remmington

Hello,
If you have read my previous posts. I came into a bit of money and then Coronavirus hit. I decided to use that money to clear debts I had.

Now that its starting to subside somewhat and my job has not been affected by the pandemic I am finally in a position to clear all of my debts over the next 10-12 months comfortably.

Last month I satisfied two debts and I have also had letters confirming they are satisfied by they are still on my credit file as unsatisfied?

Will this automatically catch up or do I need to actually do something.

Thanks

lantanna

They will catch up it takes a while and some reporting is behind due to staff being off. If they haven’t changed in 6 weeks contacted them to ask when your credit file will be updated. I’m waiting for one to be updated to

Fireflyaway

It can take a while if you missed the most recent cycle. Id wait 8 weeks and then contact the creditors to ask if they have notified the agencies. It's still going to show up for 6 years if you defaulted. 

Remmington

OK, satisfied appeared on Friday. Which is fantastic.

I have one further question. If I cleared the CCJ within 6 months can I get it struck from the record?

fatbelly

Remmington said:

OK, satisfied appeared on Friday. Which is fantastic.

I have one further question. If I cleared the CCJ within 6 months can I get it struck from the record?

No, it has to be paid within 28 days. If you pay it after that it just gets marked satisfied