Credit File

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Johnno
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by Johnno » Wed Nov 14, 2018 3:58 pm
Good Afternoon,

my IVA is due to finish in January after a very long 5 years, I'm now trying to find out some information about what happens after this payment, I've spoken to Creditfix and they have advised that all i need to do is cancel my standing order and wait for the C.C to arrive through the mailbox.

However what I'm not sure of is all the account i have as showing defaulted on my credit file, will they drop off once i send in the C.C or will they be there until next year?
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kallis3
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by kallis3 » Wed Nov 14, 2018 4:02 pm
Should all drop after your six years are up
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Ryan
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by Ryan » Wed Nov 14, 2018 4:17 pm
As Kallis says a default will show for 6 years from the date it is recorded - the start date of all the defaults should be the same as the IVA start date so that on the 6th Anniversary all the reports (Experian, Equifax and Callcredit/Noddle) should be clear.

Regards
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Foggy
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by Foggy » Wed Nov 14, 2018 5:35 pm
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Lisa Thomas
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by Lisa Thomas » Thu Nov 15, 2018 9:25 am
You might find this quick video I made about cleaning up your credit record useful:

https://youtu.be/PV4RzUY4BRM
Noddle, Clearscore and Totally Money are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/
https://www.totallymoney.com/
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