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equifax....

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bit odd... me and my other half are applying for a mortgage so bought out statutory credit report from equifax.

I had an account that was badly over drawn back in 2007 and the final payment was made 2 months ago and it was cleared.

BUT

why on my report does it not say it's been satisfied? it's under santandar and not wescot. I had an o2 bill that was paid off a few yrs ago and that says satisfied?

help!! who do i contact - the bank or wescot? the bank are unlikely to be able to help as they are possibly the worst bank in the world

Comments

  • whatatwit
    whatatwit Posts: 5,424 Forumite
    Part of the Furniture Combo Breaker
    From personal experience, it does take a while for the credit report to be updated.
    I had to phone the debt company for written confirmation that the balance had been paid and it was now settled in full.

    If you made the payment to wescot, I would contact them.
    Official DFW Nerd Club - Member no: 203.
  • readerk
    readerk Posts: 5 Forumite
    great thanks, the report says last updated in may and i think it might have been paid at the end of may. will give them a ring 2mo. i did ask them for conf that it was settled but didn't receive anything which doesn't suprise me!!
  • DarkConvict
    DarkConvict Posts: 6,346 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Credit files can take upto 60 days to update, 30 for the lender and 30 for the credit agency to update the report, although generally it all happens alot faster than this.

    Information stays on your file for 6 years, and 3 years for late payments. You have to contact whoever is listed on the credit report as they will be controlling that data.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
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