View Single Post
Old May 10, 2007 | 12:56 PM
  #11  
monkey nutz's Avatar
monkey nutz
Too many posts.. I need a life!!
 
Joined: Jan 2005
Posts: 729
Likes: 0
From: Northampton
Default

Once it's gone past six years (from the default date), by law, Equifax, Experian et al have to delete the default and all subsequent details from their files. In effect giving you a clean slate; regardless whether you're still paying back your creditors or not!

If not past six years, prepare to have your pants pulled down on the interest rate
Reply