Credit score

sallymanton

Good evening
Me again.... 

Not too worried about my credit score at this stage, but my DRO is being removed from my clearscore account and marked as completed. Im very confused as i thought i had another 3 months to go before i was discharged.

Is it common for a DRO to be removed from credit profile early? Does that mean im being discharged early?

Thanks 

MalMonroe

sallymanton said:

Good evening
Me again.... 

Not too worried about my credit score at this stage, but my DRO is being removed from my clearscore account and marked as completed. Im very confused as i thought i had another 3 months to go before i was discharged.

Is it common for a DRO to be removed from credit profile early? Does that mean im being discharged early?

Thanks 

Hi,

When did your DRO begin?

It isn't common for a DRO to be removed from any credit report early, no. 

You can check the Insolvency Register to see if your name is still on it, here

- https://www.gov.uk/search-bankruptcy-insolvency-register

- but that's only relevant for the 12 month moratorium period and your name stays on the Insolvency Register for 15 months initially and then drops off but the DRO should stay on all your credit reports for 6 years altogether.

Your credit score is never seen by anyone other than you so that doesn't really matter anyway.

What does matter is what is on your credit report. Have you checked the other free credit report agencies? See the following link from this very site, published last week, for much more information. 

 : https://www.moneysavingexpert.com/loans/check-free-credit-report/

sallymanton

Thank you, my DRO began on 22/9/20 so thats when i thought it would come off.

Thank you for the link, i will check it when i have received the email to say it has been removed from my credit file which it has said 9the July.

I did wonder weather creditscore was a reliable source, im not to sure now. 

[Deleted User]

sallymanton said:

I did wonder weather creditscore was a reliable source, im not to sure now. 

You can be sure. It's definitely not.

Always look at what's actually showing on your files. And all of them, not just one.

sallymanton

I have checked credit karma aswell and no mention of my DRO on there, it is on the insolvency register though..

I will consider my DRO complete on the date it was granted, safest bet.

Thamks

sourcrates

This is very odd, your DRO should show on your credit file for 6 years from the date of acceptance.

Something is wrong if its been removed after less than one year, obviously an error, but so far, to your benefit.

Your arrangement will conclude as per normal, you may find it pop`s up again at some point.