NO effect on your credit file
Credit Rating & Score
Will Paying an Account Remove a Default Listing?
We are often asked if paying an account will lead to the listing being removed from a credit file. This is an interesting question. Read on to find out more on this topic.
When Jenny came to Clean Credit she had three defaults on her credit file, two with banks and one with an appliance rental company.
During 2018 when these three defaults occurred, Jenny became very ill and as a consequence, fell behind with her payments.
These defaults had a disastrous effect on her credit file, lowering her credit score to 514. Jenny recovered from her illness, however she now found herself unable to secure finance.
Clean Credit negotiated with all three credit providers and arranged for the three default listings to be removed from Jenny’s credit file.
This had the immediate effect of increasing Jenny’s credit score by 371 points to 885. With a clean credit file and an increased credit score Jenny was free to secure finance again.
