ccj default impact

darcyvuqua

hi thanks to everyone who read but a bigger thanks to those who answer this question!

ok i pulled my credit report yesterday for the first time (my wife died late 2004 and i gained a ccj and 2 defaults)
i phoned the court straight away found out it was from dvla so i rang and paid straight away so i am waiting for the proof of payment to come so i can mark it satisfied with the cra's i intend to pay the two defaults this month also british gas £112 and £186!
what i want to know is that once my ccj shows satisfied and my two defaults are paid and show satisfied what impact will it have on my credit score/rating/descisions

again thanks for answering this question

daisychain80

HELLO

im quite new so im sure the other guys will correct me if im wrong, but after the ccj has been issued i think it stays on for 6 yrs after then regardless of wether settled or not. hth x

keith_lard

Hi,
Your CCJ with have a start date on it , and when you have paid...

In FULL this (I think) will show on your credit file, as its been satisfied in FULL! Date will be included.

If you pay a agreed sum (e.g 75% of the outstanding balance)
It will show satisfied but not paid in full. Date included too.

So if you payback 100% (better) creditiors can see this, if you pay back only a % they can see this as well.

But it will stay on your credit file for 6 years, regardless if you pay in full or not.

k.

darcyvuqua

i paid the ccj in full there and then does that mean that the 6 years start again?

keith_lard

No, it remains 6 years from the start date, then 'falls off'

k.