Defaults dropping off credit reference agencies

summerb64

Hello all,

I am just posting this onto this forum incase anyone else ever wanted to know the answer.  I had one default on my credit report from the 1st October 2016, and i was eager for this to fall off straight away, as you can imagine it was preventing me to get the best high street credit cards.  Just so you know, i requested my statutory credit reports from the 3 CRA's (Transunion, experian and equifax), Transunion report on 2nd October 2022 no longer had the defaulted account reported, it disappeared, same with experian once i got my pass key in the post for the report dated 2nd October.  Equifax i checked the 2nd October 2022 and it was still showing, i logged in each day to check, and by the 7th October 2022 it no longer appears, so 5 days.

So you don't need to worry about chasing them, it does get picked up automatically, i was then thankfully able to use eligibility checkers to see which hight street lenders i could get cards from, and a lot of the major lenders were willing to borrow to me if i needed to YAY! 

So it appears that a lot of major lenders do seem to look at a live score when you are applying, i have heard that a few lenders don't do this and can use an older report rather than your live most up to date, has anyone ever experienced this? And if so which lenders? Just for my own peace of mind as i am looking at a mortgage soon

All the best, 

Debb

Ebe_Scrooge

All lenders will use the live data - which they pay for (that's how the CRAs make their money).  The free version that you see can often be a few weeks out of date.