Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • philpot24
    • By philpot24 10th Apr 18, 1:55 PM
    • 9Posts
    • 0Thanks
    philpot24
    Default removal - from default date or last updated?
    • #1
    • 10th Apr 18, 1:55 PM
    Default removal - from default date or last updated? 10th Apr 18 at 1:55 PM
    Hi guys,

    I've been checking my credit file and have a quick question re defaults.

    Stupidly, I defaulted on a credit account back in April 2013 which has now been settled. The default is dated on my credit report at April 2013 and the last updated date is October 2016.

    I understand that defaults leave your report after 6 years. Will this be removed 6 years from the default date (April 2013) or the last updated date (Oct 2016)?

    Many thanks in advance for your help,

    Philpot
Page 1
    • Tarambor
    • By Tarambor 10th Apr 18, 2:17 PM
    • 3,567 Posts
    • 2,639 Thanks
    Tarambor
    • #2
    • 10th Apr 18, 2:17 PM
    • #2
    • 10th Apr 18, 2:17 PM
    The easiest way to look at it is that every entry in your credit file has a 6 year expiry date. So of you have an entry made in 2013 that would disappear in 2019, one in 2016 would disappear in 2022. They only ever get removed when they're linked if there's been an error.
    • Gary_Dexter
    • By Gary_Dexter 10th Apr 18, 2:24 PM
    • 2,112 Posts
    • 1,180 Thanks
    Gary_Dexter
    • #3
    • 10th Apr 18, 2:24 PM
    • #3
    • 10th Apr 18, 2:24 PM
    From default - so April/May 2019
    • Carrot007
    • By Carrot007 10th Apr 18, 2:25 PM
    • 1,600 Posts
    • 1,341 Thanks
    Carrot007
    • #4
    • 10th Apr 18, 2:25 PM
    • #4
    • 10th Apr 18, 2:25 PM
    The entire account will be removed 6 years (ish, you know give it 2 more for updates!) from the date of default.

    It's more concerning it has stopped being updated. Is it now paid off? (marked as satisfied?)
    • Gary_Dexter
    • By Gary_Dexter 10th Apr 18, 2:35 PM
    • 2,112 Posts
    • 1,180 Thanks
    Gary_Dexter
    • #5
    • 10th Apr 18, 2:35 PM
    • #5
    • 10th Apr 18, 2:35 PM
    It looks like it..

    "Stupidly, I defaulted on a credit account back in April 2013 which has now been settled."
    • philpot24
    • By philpot24 12th Apr 18, 9:05 PM
    • 9 Posts
    • 0 Thanks
    philpot24
    • #6
    • 12th Apr 18, 9:05 PM
    • #6
    • 12th Apr 18, 9:05 PM
    Thanks guys for your help. Yes it!!!8217;s been paid off now :-) guessing it must have been the last updated of October 2016 when it was paid
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,262Posts Today

8,084Users online

Martin's Twitter