I went over my overdraft

tashaiswishing

Hi everyone,

A couple of months ago i went over my overdraft by about £50 due to a standing order i couldn't cancel. It then caused a knock on effect of causing me to go over the next month.
I managed to make them waiver the charge for the second month but i wanted to know if this will affect my credit score?
I did ring up and ask my bank if i could extend my overdraft but they said it was unlikely i could due to how much i get paid and how much im overdrawn at the moment, they could file an application but it was unlikely i would be successful which would then have a negative effect on my credit score...
I'd be grateful if anyone could help me and say if they think this going over my overdraft would affect my credit score, and will it still be on file that i went over a second time even though they waivered the charges?

Sorry if i sound muddled, it's all hard for me to wrap my head around (and im new )

Thanks,
Tasha x

masonic

It will depend to some extent how long it was before you cleared the unauthorised debt. It could be reported as a payment in arrears, which would affect credit scoring, but as I understand it banks don't tend to report the odd temporary slip into unauthorised overdraft if the debt is repaid quickly. The only way you will know for sure is to wait a few weeks and check your credit files.

tashaiswishing

It was within 24 hours, and how do i check my credit score/files without having to pay for it?
Thanks

masonic

You can sign up for a free trial at the Experian or Equifax websites (edit: Callcredit now also do this apparently) and then cancel it before you start paying a subscription. Otherwise you'll have to pay £2 for a statutory report.