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Default date change on the 6th year
Drew845
Posts: 1 Newbie
Hi,
I have a default from 2014 and the default date was changed in 2020 so is this on for another 6 years? This is Scottish power, Thanks
I have a default from 2014 and the default date was changed in 2020 so is this on for another 6 years? This is Scottish power, Thanks
0
Comments
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what you've screenshot doesn't actually show the default date, a debt will disappear without trace form your credit report six years after the default date."You've been reading SOS when it's just your clock reading 5:05 "1
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The default date is not the same as the last update - whatever date it was issued, 6 years later it will disappear from your record - though doesn't mean you don't need to pay the debt as, assuming you were paying, it acknowledges the debt so the separate 6 year clock keeps going
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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