Clearing debt and credit score

ThelmaHorse

I posted a question on behalf of a friend but realised I had my own question as well. Due to a relationship breakdown, our house is sold and will in the next few weeks be completed, The remaining mortgage of 100k will be cleared from the sale and 2 debts I have in my name have accepted full and final settlement offers from my share of the equity of the sale. I also have a Yorkshire water bill that was not paid by ex (small amount and I can't be bothered to argue over it with them so will be paying that off to clear that to zero as well)

Does anyone know how this might affect my credit score, please? I will still be making my monthly insurance payments (car) and regular loan payments with no defaults - plus taking out no new credit. As well as this me and my ex will no longer be connected through the joint mortgage.

Yahoo_Mail

It won't make much of a difference, but they're better off settled than not.

MovingForwards

It's the credit history used for assessing financial applications eg late / missed payments, defaults, AP / AR markers, CCJs, IVA, bankruptcy. If you've got none of these then enjoy your new debt free life.