If you are planning on transferring to a 4 year college, and you have questions about navigating your transfer options, are experiencing transfer issues, or your having problems with transferring Ivy Tech credits to Indiana colleges and universities, call 1-888-IVY-LINE or contact your local campus Transfer Advocate, Clifton Mominee (room 108 and phone: 812-492-0322).
Dear Richard, The default will stay on your credit report for six years from the default date, so it should disappear sometime during 2012. While lenders tend to concentrate on your most recent credit history when assessing new credit applications, a four-year-old default might still cause you problems.ear Richard, The default will stay on your credit report for six years from the default date, so it should disappear sometime during 2012. While lenders tend to concentrate on your most recent credit history when assessing new credit applications, a four-year-old default might still cause you problems.
Please tell me I got that wrong. Bumping really old posts here but nope apparently defaults are removed after 6 years regardless of whether they paid, settled or whatever. It does not reset. Debts that have not turned into a default however and have been settled, stay on a further 6 years from the settlement date. Ironically you're better off letting them turn to a default as they'll be off your file quicker.