First time posting here as I can’t find an answer to what I need anywhere so hopefully someone can help!
I defaulted on credit cards when I lost my job a few years ago. The defaults are now over 6 years old so are no longer on my credit file, however I am paying a small amount (£10)monthly to the 2 companies, intrum and pra group, and have done since I defaulted.
Wanting to remortgage soon, and each time I have done I’ve been asked about these payments so think it will have an impact on the rate I get. I can’t pay the full amounts back at the moment, but could potentially pay an amount to lead to a ‘partially satisfied’ on my credit report. But as they aren’t on my report at the moment, will this put them back on for another 6 years?!
Is this worse for my report than keep paying the monthly £10’s?! Which will probably be until I die! Any help greatly appreciated!
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