ICB report...

matt70iu

Hi All

I lost my job at the start of 2009 and ended up falling into areas on a loan, credit card and over draft with BOI. I talked to them and they agreed to freeze the interest once I sent them in proof I was on welfare.

I have since found employment and have been paying 400e a month off a total debt of about 25k. Will this stay on my ICB report for 5 years from the time of default or 5 years from the time the debts are paid back?

Concerned i've ruined my chances of ever getting a mortgage

Any help would be greatly appreciated.

chris85

matt70iu wrote: »

Hi All

I lost my job at the start of 2009 and ended up falling into areas on a loan, credit card and over draft with BOI. I talked to them and they agreed to freeze the interest once I sent them in proof I was on welfare.

I have since found employment and have been paying 400e a month off a total debt of about 25k. Will this stay on my ICB report for 5 years from the time of default or 5 years from the time the debts are paid back?

Concerned i've ruined my chances of ever getting a mortgage

Any help would be greatly appreciated.

Will stay on ICB for five years from time of last default. Once you clear each one in full the bank will mark the debt as cleared on the ICB.

matt70iu

chris85 wrote: »

Will stay on ICB for five years from time of last default. Once you clear each one in full the bank will mark the debt as cleared on the ICB.

Well that's a relief, thanks for that chris!!