This will mainly depend on the reports provided by the creditors included within the plan. Typically, all signs of the DMP are usually no longer visible 6 years after the last credit account included within the plan has defaulted.
It is not uncommon for people to still be in a DMP for years after they are no longer visible on their credit file.
It is however important to still notify the lender as the payments can still be visible on your bank statements, failure to declare adverse is one of the main reasons you can expect to have your mortgage application declined.
Back to faqs
