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  • FIRST POST
    • lnquinn
    • By lnquinn 13th Mar 17, 7:24 PM
    • 4Posts
    • 0Thanks
    lnquinn
    Missed Payment
    • #1
    • 13th Mar 17, 7:24 PM
    Missed Payment 13th Mar 17 at 7:24 PM
    My free Experian Credit report says I have a missed payment. How do I find out the details of what this might be?
Page 1
    • Ben8282
    • By Ben8282 13th Mar 17, 7:47 PM
    • 1,989 Posts
    • 863 Thanks
    Ben8282
    • #2
    • 13th Mar 17, 7:47 PM
    • #2
    • 13th Mar 17, 7:47 PM
    How can you not know?
    If you have looked at your credit report then you will have seen which account it refers to.
    Otherwise just sit down and have a good think about what you haven't paid.
    • lnquinn
    • By lnquinn 13th Mar 17, 7:53 PM
    • 4 Posts
    • 0 Thanks
    lnquinn
    • #3
    • 13th Mar 17, 7:53 PM
    • #3
    • 13th Mar 17, 7:53 PM
    I feel like I must be getting a differently formatted report than everyone else. I get the free one through this website. There is a list of emojis and there is a sad one next to a heading saying 'missed payments'. The text says it is because of a missed payment but no specifics. As far as I know, I haven't missed any.
    • lnquinn
    • By lnquinn 13th Mar 17, 8:10 PM
    • 4 Posts
    • 0 Thanks
    lnquinn
    • #4
    • 13th Mar 17, 8:10 PM
    • #4
    • 13th Mar 17, 8:10 PM
    I found the link to the detailed information and it says I have no defaulted accounts so this is all a bit peculiar!
    • Ben8282
    • By Ben8282 13th Mar 17, 8:18 PM
    • 1,989 Posts
    • 863 Thanks
    Ben8282
    • #5
    • 13th Mar 17, 8:18 PM
    • #5
    • 13th Mar 17, 8:18 PM
    A missed payment is not a default.
    Look closer at the detailed payment history for each account and you will find it.
    • loveyourmoney
    • By loveyourmoney 14th Mar 17, 1:03 PM
    • 74 Posts
    • 15 Thanks
    loveyourmoney
    • #6
    • 14th Mar 17, 1:03 PM
    • #6
    • 14th Mar 17, 1:03 PM
    Hi Ben8282


    What is classed as a default then? My partner has the following on their credit report - are they defaults or something else? How are they viewed by lenders?

    Barclaycard - (payment up to 1 month late) in March 2012 & December 2011.

    T-Mobile - (payment up to 1 month late) in July 2012.


    Thanks


    Annie
    In it to win it!
    • Ben8282
    • By Ben8282 14th Mar 17, 9:16 PM
    • 1,989 Posts
    • 863 Thanks
    Ben8282
    • #7
    • 14th Mar 17, 9:16 PM
    • #7
    • 14th Mar 17, 9:16 PM
    They are classed as late payments not defaults.
    3 isolated instances of late payment so long ago should have little if any effect on your partner's credit worthiness if everything has been ok since.
    Last edited by Ben8282; 14-03-2017 at 9:19 PM.
    • loveyourmoney
    • By loveyourmoney 14th Mar 17, 9:30 PM
    • 74 Posts
    • 15 Thanks
    loveyourmoney
    • #8
    • 14th Mar 17, 9:30 PM
    • #8
    • 14th Mar 17, 9:30 PM
    Thank you Ben

    I just assumed a late payment would be considered a default. Thank you for this.
    In it to win it!
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