We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Default

johnboy13
johnboy13 Posts: 46 Forumite
Third Anniversary 10 Posts
in Loans
If I have a default on my credit file from 4 yrs ago, the default was payed off within 6 months. I have 2 credit cards with no debt and no loans and a good income. Will a high street lender accept me or will the default massively effect my chance.

Comments

  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,945 Forumite
    1,000 Posts First Anniversary Name Dropper
    johnboy13 said:
    Will a high street lender accept me or will the default massively effect my chance.
    Both.

    Some lenders will probably accept you, depending on your circumstances, and it will also significantly affect your chances with certain lenders. 
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture