Full and final

[jorainbow]

If a debt is settled full and final how is this recorded on a credit file please? Thanks

[Amethyst]

Re: Full and final

Usually as settled. If it has been defaulted then it just reports the next one as a S then stops reporting, still only falls off the file 6 years after default.

[Debt Camel]

Re: Full and final

A full & final settlement is usually recorded on your credit file as partially settled or partially satisfied, see http://debtcamel.co.uk/ff-credit-record/ for details.