6 Years post BR

A question about : 6 Years post BR

Hi all,

I've come on here to pick the brains of somebody who can answer several questions about post BR. I'm coming up to 6 years from the date I went BR and I'm unsure what happens re credit file, so could somebody please answer to the best of their knowledge the following questions:

Do credit bureaus' automatically update file i.e. remove BR and creditors from file after 6 years is up, or does OR get in touch with credit bureaus', or do I have to intervene to have it removed?

With regards to above, whoever does the updating/removal, how long does it take 6 years post BR for file to be updated and BR removed from file?

Is there anything at all that I need to do to once my 6 years is up, with the exception of shouting Wuhoo!!!!!?

Thank you in advance for any help I receive.

Kind regards,
Dubiousone

Best answers:

• The Credit Reference Agencies drop the records off your report automatically after 6 years, so if the default dates are correct you don't need to do anything.
  Experian/CreditExpert - Remove exactly 6 years to the day.
  CallCredit/Noddle - Same as above, sometimes a little earlier. Noddle only updates from the callcredit fiel once per month, so can show on there for some time even if in fact has dropped off.
  Equifax - Can take a few days to a few weeks to drop off.
• Thank you Fermi for your prompt reply, that's very helpful. I'll keep an eye on it over the coming weeks. Can I just ask, is it just the BR that drops off/updates automatically or is it all the post 6 years debts that drop off, particularly the ones that were declared on BR? Secondly, how soon after update does/can my credit SCORE improve? Not that I want credit, just curious.
  Thank you once again,
  Dubiousone
• Both drop off automatically.
  BR order 6 years after the order date. Accounts, 6 years after the default date, which if included in the BR MUST be no later than the BR date. So they all come off by the same date.
  Your SCORE with the CRAs is just their best guess at how lenders may judge you, so when that changes is irrelevant, as lenders will be looking at your report and not that, so the defaults and BR dropping will be the factor that changes that.
  Even with the BR and defaults dropping off, if there is not much else on your report in a positive sense then you could still have trouble getting credit. You need to slowly build it. Perhaps a phone contract, sub-prime card you pay off every month. Things like that which will slowly add good data for lenders to see.
• Thanks Fermi, excellent info. Much appreciated!!
  Kind regards,
  Dubiousone