Petition · past parliament

Reduce defaults on your credit file from 6 years to 4 with imediate affect

Rejected 16 signatures

What the petition asks

Getting a default when we are young shouldn't carry a burden if 6 years, criminals can get less for serious crimes yest missing a £5 payment on a catalogue can leave people struggling to get a morgage for 6 years due to high interest rate they are offered.
6 years is far to long and can leave young people feeling like they are fighting an impossible battle trying to get onto the property ladder or simply not paying outrageous rates on loan and car payment

Why it was rejected

It asked for something that is not the responsibility of the UK Government or Parliament.

The Government or Parliament are not responsible for credit reports, which are produced by private companies.

Timeline

8 May 2019 Petition opened for signatures
10 Jun 2019 Rejected by the Petitions Committee

Key facts

Signatures 16
Status Rejected
Rejected 10 Jun 2019

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Source: the official petition page. Last checked 15 Jul 2026.