It won’t. It will disappear when it is compensated in complete, compensated partially or otherwise not compensated after all.

Hi Sara Over 10 years ago we dropped really sick and might maybe perhaps not work with 24 months. I will be a home owner with home financing and also at the full time had a few charge cards, a catalogue, a guaranteed & personal bank loan . Long story short when I could not met the payment that is minimum my reports dropped directly into arrears and defaulted. We arrived near to being announced bankrupt. My default that is last fell my credit account Dec 2017.

I happened to be encouraged to make contact with the citizen advice whom aided us to negotiate minimal payments of ВЈ1 and I also had been used in PayPlan once I happened to be in a position to come back to work. This i arranged a drawdown on my pension and offered discounted repayments to all my creditors via PayPlan which were accepted year.

Recently, We have gotten letters from 2of those creditors informing me personally that when your debt ended up being nevertheless registered on my credit account (that they aren't ) it can be marked either partially settled, compensated in complete or settled with a price reduction (these were all settled with a discount).

My real question is, can they're going back once again to my credit history to record that your debt settled with a price reduction?

Hi Sara, I'd a standard with Santander that we consented to spend at a reduced price it absolutely was going ok then three years no missed payments they usually have given a CCJ which now become 9 years data that are bad my credit history actually any advice please am paying it in any manner.