Posts Tagged ‘FHI-PAYMENTS-DEC09-H-100’
You have a default on your credit file
If you’ve missed between three and six payments, on a credit account you may be declared in default. Defaults are serious. Often a lender will automatically decline an application if there has been a default. Importantly, defaults remain on a credit file for six years. Once a default is on your file it cannot be removed. Tip: If you…
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