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Partial settlement and credit files
SpinninginInfinity
Posts: 54 Forumite
Hi all,
After six long years my defaults have disappeared from my credit file.
I am contemplating making a partial settlement on the debts, but am worried that making such a settlement would mean that the defaulted debts would suddenly be visible again on my credit file. Can someone tell me if this is so?
Kind regards,
SII
After six long years my defaults have disappeared from my credit file.
I am contemplating making a partial settlement on the debts, but am worried that making such a settlement would mean that the defaulted debts would suddenly be visible again on my credit file. Can someone tell me if this is so?
Kind regards,
SII
0
Comments
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Once an account drops off your credit file due to limitation, nothing you do will bring it back.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
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Sourcrates this is good news. Cheers for the information.1
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