Does a current account show on Credit Report?

TheEffect

Does a current account show on your credit report, if you have no overdraft?

My Lloyds TSB Under 19's account doesn't appear on my credit report, though the search does when I opened it (When I was 17).

I've opened a HSBC Plus account about a month ago. Once again, the credit search shows for when I opened it, but nothing in 'Active Credit Accounts'.

John898

Yea they show, you can currently get a free credit report - check Martins latest email.

cifpower

Might take more than a month for HSBC to start actively reporting. My Halifax account took about 6 weeks to show up

TheEffect

I have viewed my credit report with Experian yesterday, however my free 30 day trial ended today and I don't want to continue paying £7 a month to view it, so I'll just hope it's there when I look in 6 months (spending the next 6 months getting my credit rating improved).

exel1966

Only current accounts with an overdraft facility wiill show on a credit report. Standard currents accounts without any credit facility should not be shown. Credit reports show credit facilities only, not standard accounts.

An account opened pre 2001 will probably not show on credit reports due to a change in recording procedure taking place.

PROLIANT

exel1966 wrote: »

Only current accounts with an overdraft facility wiill show on a credit report. Standard currents accounts without any credit facility should not be shown. Credit reports show credit facilities only, not standard accounts.

An account opened pre 2001 will probably not show on credit reports due to a change in recording procedure taking place.

I have three basic accounts minus any overdraft and they show on my files.
Must be a new thingy.

exel1966

That's the first time I've heard of it ! Have those basic accounts at any time had an O/D facility or do they usually come with an O/D, but not in your case ?
I have numerous (7) current accounts, only 1 of 3 which have overdraft facilities show on any of the 3 CRA's.
CRA's have started to record additional info recently such as credit card monthly payments etc so it could be new ??

I'm due another free report next month so I'll see if it mentions any changes to standard bank accounts.

YorkshireBoy

Nationwide, Halifax, Barclays, LTSB, and A&L all report(ed) my full feature current accounts, despite them not having an overdraft facility.

In fact, I have only one (out of nine currently) that doesn't report, and that's my 29 year-old Yorkshire Bank account...and that one has a £5K O/D facility on it.

Brian1966

YorkshireBoy wrote: »

Nationwide, Halifax, Barclays, LTSB, and A&L all report(ed) my full feature current accounts, despite them not having an overdraft facility.

In fact, I have only one (out of nine currently) that doesn't report, and that's my 29 year-old Yorkshire Bank account...and that one has a £5K O/D facility on it.

Same here, 2 Nat West accounts, one Step account, one Advantage Gold, both reported to all 3 credit reference agencies.

exel1966

YorkshireBoy wrote: »

Nationwide, Halifax, Barclays, LTSB, and A&L all report(ed) my full feature current accounts, despite them not having an overdraft facility.
quote]

My seven accounts include Barclays (3 years), Lloyds (O/D - 22years), A&L (O/D - 1 year), Halifax (1 year), Cahoot (5-6 years), Smile (O/D - 5 years), First Direct (1 year).

The only one to show with any CRA is Smile.

PROLIANT

Here is an edited shot from my current Equifax file;