Credit balances after default expires

2babyboys

Hi - I have some defaults due to drop off this year, since getting these defaults I've had no missed payments or further negative markers.  What happens to the credit balance on my credit file relating to these defaults when they have dropped  off please?  I'm hoping my score goes up lots as the defaults drop off and will never use credit cards again but would like to look at mortgages over the next year or so.  Thanks 

born_again

Credit score means nothing to lenders. It's all about credit history, which you have built up nicely.

fatbelly

At the six-year point, the whole entry drops off. Your credit history will look better as (because) the number of defaulted accounts decreases

sourcrates

The entry drops off your credit file but the debt remains live and payable.

2babyboys

thanks for the replies.  yes, I've kept my file clean since the difficult period I went through in 2017/2018.  have payment plans in for enforceable debts too.  looking forward to reviewing my file again towards the end of the year.