Defaults & Missed Payments
What a default really is, when one can be registered and how long it stays on your credit file.
What a default really is — and when one can be registered
A default is a formal statement that an account has broken down. There are rules about when it can be recorded.
Read the full guideHow long defaults affect you — and how to move on
Defaults stay on your credit file for six years from the default date, whether or not the debt is cleared.
Read the full guideRelated guides
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