little question.

[GetOffMyCase]

I have 4 defaults that are sitting on my credit file with lowell.

 

2 are very old, one is due to come off in jan, another march or april.

 

the 2 that are remaining are a bit newer, if i pay these off will it make my credit file better.

 

Am i able to pay off 2 Defaults and leave the other 2 to rot off the file?

[unclebulgaria67]

Yes you can do that, but of course Lowell might then chase for the others.

 

Your credit record will be marginally better, but even when paid, they still remain on record for 6 years from the original default date, with the record just updated to show as satisfied.

[dx100uk]

paying off a debt makes no diff at all if its defaulted

 

 

All references to a defaulted debt must be removed from your credit files after 6 years

has passed from date of default, whether paid off or not.

.

the WHOLE ACCOUNT WILL VANISH, never to return.

.

however, this does not mean the debt itself is not still owed

consider a CCA request.

.

This is so that someone who continues paying something

- even after 6 years from default

- should not be at a disadvantage to someone who pays nothing after default

and ends up with a clean file after 6 years.

[GetOffMyCase]

im probably best off leaving them then as I think lowell have 2 much older ones that arent on my credit file as well. One that is current, is only £69 so im tempted to pay that one, never even knew it was on there, until ive looked at my credit file.

[dx100uk]

so who was the original creditors and type of account.

 

 

dx