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credit card and Loans show settled on credit file

buggy975
buggy975 Posts: 4 Newbie
edited 22 January 2010 at 12:04PM in Credit cards
Hi all,
I recently checked my credit file and realized that my Egg credit account shows "settled"on both Experian and Equifax, however I have a £9,000 balance on it and am still making regular monthly payment on time. Also a loan with Barclays shows "settled" on my experian credit report but not with equifax and i'm left with 2 years to clear the loan. Does anyone know what this means? I'm confused.

Comments

  • CannyJock
    CannyJock Posts: 3,838 Forumite
    1,000 Posts Combo Breaker
    buggy975 wrote: »
    Hi all,
    I recently checked my credit file and realized that my Egg credit account shows "settled"on both Experian and Equifax, however I have a £9,000 balance on it and am still making regular monthly payment on time. Also a loan with Barclays shows "settled" on my experian credit report but not with equifax and i'm left with 2 years to clear the loan. Does anyone know what this means? I'm confused.

    You sure it's not an older Egg card that's showing? I've got a number of "old" versions of current cards on my report.

    If it's not that then it sounds like a glitch - but I'd bet money if you missed a payment with either the card or the loan it would be on your file pretty quickly :)
    "A child of five could understand this. Fetch me a child of five." - Groucho Marx
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