Default to Stage 4 Delinquent

Wprice83

Hi Everyone,

I have a dispute with Talk Talk for a default they have given me. After a battle they have apparently removed the default status and now I have something called a delinquent stage 4? 

What's annoying is the default came just as I was finalising my first mortgage. The default got the mortgage offer revoked and obviously knocked my credit score down.
Now it has changed to delinquent, it has knocked my score down again! I had a good credit score before this, it dropped to fair with the default and it's now poor with the delinquent.
Has anyone had similar happen to them? Is it quick to rectify? 

Thanks for your time!

[Deleted User]

Your score drops with every change, good or bad, but no one sees or cares about it, so neither should you.

Unless you're able to clear the arrears immediately, you'll be better off with a default.

Fighter1986

So your account now shows you are four months in arrears (that's what the "4" means).

Once you settle, pay off and close the account it will update to show "settled". Mortgage lenders will want to see anything between six and thirty-six months pass from when any of your accounts were last delinquent.

There's nothing you can do about that.