22 Mar 2015

A question about : What happens to Default if I py debt

So, I have 2 defaults, 1 of which is 6 years old next month.

The other was recorded in 2010 and is only for Ј323. If i pay this what happens then?

Does it improve my rating as it will be settled?

Best answers:

  • When you pay it, it'l be marked as settled, which is slightly better. But its still a default