How long do defaults stay on your credit report?
Could someone please answer this question for me as I am a bit confused? I thought that once you had defaulted on a debt, it only stays on your credit report for 6 years, regardless as to whether the debt has been repaid in full. However, someone recently said that the record stays on your credit report until the debt has been fully repaid. Also, if you can remove the default record after 6 years, how do you go about this?Report