Administration order?

How long does a Administration order stay on your credit rating?

Long story short i had a Administration order in late 2008 and i paid it off last week... So im just wondering how long does this stop on my credit file for?

Thanks

Answers :

The record of the order will stay on your records for ever. However they don't usually effect your credit rating after 5 years.

debts are usually 6 years im afraid

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