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'Delinquent Account' & Credit Profile


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General Question and no impact on myself

 

What if in your past, say 3-4 years ago you eneded up in financial difficulty and skipped for the sake of argument 5 monthly contractual payments. The account was then closed and paid off in full before any Default status or Termination instigated by the creditor. The account will have been technically delinquesnt though and recorded with the credit agencies as such.

 

Even though now settled and closed, how will that impact on future credit profile when applyig for any form of credit, to what extent?

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