Can i repair my Credit Defaults? How long does a credit default last for?
Will a credit default impact me forever? No, in most cases a credit default is only listed for 5 years and there is stil available some great Home Loans with Credit Defaults. There is a range of various Credit Defaults that can be listed on your credit file.
Part 9 Debt Agreement
Part 10 Insolvency
At Loan Saver Network, we can assist you by consolidating your debts to pay out your credit defaults. There are some great Home Loans and Mortgages when there are Credit Defaults. This is the first step in getting you back on track to repairing your credit rating. In most cases paying a credit default will amend the Credit Default listing from unpaid to paid. The shorter the time between a default being listed and paid can improve your chances of future loans.
The first step is to find out what is in your Credit Report .