Defaults - what happens after 6 years

SBS_88

Hello

I'm sorry if this question has an obvious answer but after searching online I can't find a definitive answer. 

I have lots of defaults on around 8 credit cards - the balances of which have mostly been transferred to other agencies now. They all defaulted in around 2021 and I have been making token payments for a some years now. I'm trying to figure out what happens after the 6 years period - if the defaults 'disappear', how does the unpaid debt show up on my credit file? Surely my credit file will still look unfavourable if I have a number of outstanding debts with debt agencies on there? Or does the default remain showing because the debts haven't been settled? 

I also have one outstanding credit card balance which defaulted in 2021 but I have never had any contact with them (yet) so I haven't made any token payments. What will happen to this one after6 years or will it have the same rules as the ones I'm making token payments to? 

Thank you for reading. 

fatbelly

6 years after the default date, the whole entry disappears, paid or not.

Nasqueron

Keep in mind though, any debts you have been paying towards will not be statute barred and if you stopped paying after the default went (not to say you would, just for information) then they could apply for a CCJ. Any debt not acknowledged after 6 years would be barred and can be ignored