Mine was settled and CC issued about a month ago (as I offered a F&F)
I have a couple of quick questions -
1) my IVA Came off my Experian record within 1 week of the CC being issued (Even though I still would have had 3 months to go until the 6 years was up from start date of the IVA) - yet ALL the original lenders are still showing on my report?
2) When do the lenders come off the credit report as ive read on Experian the following - "A defaulted account is one where you have not kept to a credit agreement. Even if you have paid it off, it will not move to the settled accounts section, as it was not successfully settled within the terms of the original agreement. However, once repaid, a defaulted account should show a balance of zero."
How will this then affect the report as mine is saying that a negative for me is because I have "Several defaulted accounts" all of which were in the IVA?
Help please! Thanks
F&F Accepted on 12th March 2015!
Completion Cert arrived 26th March 2015!
The defaulted accounts will drop off 6 years from the original default date -- this should be on or about the start of the IVA. Sometimes you will need to step in and get these dates corrected. Have a look here for guidance:
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
The defaulted accounts will drop off 6 years from the original default date -- this should be on or about the start of the IVA. Sometimes you will need to step in and get these dates corrected. Have a look here for guidance:
