Delinquient debt

[_josie_]

I applied for a job in a bank and got turned down because of a 'delinquient debt'. Have a now got a poor credit rating? how will this effect me when i want to move out. What is a delinquient debt and how can i get rid of it??

[moonacre]

A delinquent debt means that someone (almost certainly a company) has registered with one of the credit agencies that you have failed to pay off a debt - you are in default of your agreed repayments. If this is not true you can apply to have this record removed. If true you can settle the debt and the record will be amended but not removed. In other words this will show that you had problems but resolved them. After a period (I think 3 years) this record will be removed anyway.

[dave_artache]

Unfortunately it's at least 6 years before it's removed, (and you might even have to prompt them again then as well!) Try Equifax and Experian (credit reference agencies) to see how your credit file looks at the moment.