Right of Withdrawal on Loan Agreement : Credit file query

freeofdebt1977

Hi,

Very recently I took out a loan but my circumstances changed and luckily I was still within the right of withdrawal before the end of 14 calendar days from when the loan was taken out. I  paid the loan I obtained fully back the next day after I notified them of my intention to withdraw from the loan agreement. 

How should this be correctly reported on my credit file can anyone advise please? -

1) If it was reported on my credit file should it be removed completely (including removal from closed accounts) as I withdrew from the agreement of the loan?

2)Should the loan be marked as settled within Closed Accounts even though I withdrew from the agreement prior to the end of 14 days?

Thank you

sourcrates

You withdrew from the agreement under the 14 cooling off period, it won`t appear on your credit file, it will be treated as though you never signed the agreement, and the transaction never took place.

Only the hard search will remain.