Does paying off defaulted balances automatically immediately increase your credit score, on eg experian?

No! the payments procedure involves applying for an "order of satisfaction", if this is not done, then the credit agencies, have this still recorded as a debt outstanding, it will only get listed as paid when the court issues this order, and then it will still take some time for this to be nullified, for credit purposes, the history is, in some cases still there, after six years, with CCJ's , and it is only when you can demonstrate a level of responsible use history, it is difficult to demonstrate this history, there are ways of doing this but I would be reluctant to disclose these, on an open forum because I may be accused of aiding and abetting a fraud, which I will not risk, but look around the internet, you can get your credit rating back, but the history is the thing, creditors only finance peiople who can demonstrate the ability to pay back loans, hence it is usually so hard to get that first one! "no track record, no loan, anymore, things are tighter now and will stay that way for years, but as a piece of advice here, if you are borrowing to finance a lifestyle, STOP!!! whatever you buy will lose half of it's value, as soon as it becomes yours!, if you are buying anything that will increase in value over time, creditors see an advantage in that, and will lend, e.g. homes, land, etc. Or in the case of Business loans, you must demonstrate a business plan, that shows that you can make more with this money than your repayments are, (i.e. you can make more than the Bank in question would, if it kept it, ), are you smarter than the Bank? credit is a good servant, but a bad master, still is true, and always will be, it built the western economy in record time, without it, none of what you see would have been possible, but never buy with a loan, anything you can get by saving, and at a much lower cost, do you believe that the goods you purchase are the bees knees or will another even better, be along any minute, did you buy Betamax, when every one else bought VHS, have you bought the right recorder this time? be patient, and remember, that the price you pay for credit is going to triple the cost of the goods you buy before you have paid for them, but if you stand in front of a salesman and offer him/her a lower price for an item (even during sales), for every one who says no! there are a hundred more who will say yes! (Cherie Blair got someone to negotuiate the flats she bought and got a reduction of 35,000 on the market price, just how do think Donald Trump writes books with the title "The art of the deal", the trick is to seem as if you are just short of the asking price, the way to do that, is to keep you money in seperate pockets, and know the amounts, in them, when offered an item you would like,tell them you would like it,but it is just out of your price range, after having just counted out the money in front of them, so the amount is just shy of the asking price, (how much depends on your knowledge of how the market is for the goods they are selling, and your nerve) you can try a large amount lower if you like and ask your boyfriend, to carry his money this way, so if the worst comes to the worst, ask him if he has any on him, but stay reluctant, in front of the sales man, be very careful, about one thing though!!!, at this point, many people do not realise, that whoever mentions the price first, is going to be the big loser!, do not let it be you! the reason is simple, if you say it first, the only way it is going is up, he/she is not going to offer it to you for less than you are offering to pay ( unless he wants to sleep with you) so his counter offer is going to be higher! get them, to make the first price offer, because, 1) it may be less than you were thinking of offering, and you already score, you can negotiate from here in your favour, downward, it is a much better game than football, on a saturday, and you can wind up an assistant, just to practise on, by watching closely, you may also spot from his/her body language, where the weaknesses lie, e.g. the pupils of someones eyes widen when they see something they like, so use sunglasses also at poker tables, this in the trade is called a "TELL",and if you know them, you can make a killing, sunny days make even hardened salesmen easier on the trade, dull rainy days if prolonged may affect a salesman's income, especially those on commission, these are all pressure points, you can push these buttons a little harder on these occassions, horsetrading can be fun and there is a lot more than these things, learn to tag team a sales man, understand that everything has at least 100% mark up in any business, and gold/ jewellry is sometimes as much as 300% learn to negotiate, the salesman has, and the older the wiser, they are reluctant to pass on tips to younger sales people who might steal their business, look for the young ones but be careful that they do not have to run to a manager for approval, (it is much easier for them to say no if they do not se you), do not be a defenseless little rabbit in the headlights, watch the spielers The loud ones working the crowds in the marketplace, I know 1 man who is worth more than 3 million, who has never, done anything but run a market stall, selling plates! too many people view work as a grind, it should not be, but you do need to learn the rules, and one last bit of advice I work in a casino, (do not go there even for entertainment) but that is not what I am about to say, I knew the man who owns one of the largest loan company in Britain, he used to come in a pair of jeans, with holes in his backside, literally, and play pennies, twenty years ago, now his net worth is 350 million, and this is absolutely true, he now plays games for up to 4 million pounds at a sitting, notice the important things about this are 1) he had enormous patience, life is not a sprint! 2) he owns a loan company, that's right! it's the money that every one else wasted that made him rich, do not add to this, by getting into avoidable debt!!!, P.S. I have spent a long time learning the difference between the rich and the poor, but left it too late to apply to my life, I hope that you and "boyfriend" in question, learn from my mistakes, it will save so much misery, it is unreal. and lastly make friends in the trade and I do not just mean your moms mate has a son in this or that, trust this above all else, friends of friends do not do you favours! get your own, who will, because you will be paying the tax free, commission without knowing it!. Like poker, you are at war, and when the game starts you do not have any "friends" trust yourself there are no laws that say you can not be as rich as anyone else, and there are some really dumb millionares out there, but they all follow the rules that most of us do not understand, and they play the long game.