Met my PIP for first tine today to discuss a potential lump sum DSA. My PIP says credit file is fully repaired 3 months after lump sum DSA is paid, assuming offer is accepted by creditors.
Is this correct?
This is news to me and I find it really surprising. It doesn't really add up to me.
My understanding was that anything on your credit file over the last 6 years is viewable. Therefore I would fully expect the fact that I have entered a DSA (albeit lump sum) to be recorded there and fully viewable for up to 6 years.
I'm just looking for a 2nd opinion from anyone out there in the know.
Depending on whether this is or is not correct would play a large part in me deciding on whether to pursue lump sum DSA or bankruptcy as my credit rating impacts job prospects as I work on finance.
Is this correct?
This is news to me and I find it really surprising. It doesn't really add up to me.
My understanding was that anything on your credit file over the last 6 years is viewable. Therefore I would fully expect the fact that I have entered a DSA (albeit lump sum) to be recorded there and fully viewable for up to 6 years.
I'm just looking for a 2nd opinion from anyone out there in the know.
Depending on whether this is or is not correct would play a large part in me deciding on whether to pursue lump sum DSA or bankruptcy as my credit rating impacts job prospects as I work on finance.