do all debts show up on a credit check?

sallyann81

im applying for a mortgage so i decided to do a credit check on all 3 the banks use. i have 4 creditors and the one with the most money owed did not show up. im very grateful for that the others did and are small amounts

i just wondered why my huge debt did not show up i have had the card 30 years and paid it off a few times now its back up

so do some debts not show up on any credit checks? and will it affect my chances of getting a mortgage?
i dnt want it to show up lol i can afford the repayments
if banks check same ones i did would it show to them?
also i had a letter saying the card services are putting up their interest rates to 29% can they do that? and how much more would i pay a month?

izools

What are your four "debts"?

Some very old accounts don't appear on your credit file as when you opened it there won't have been a clause in the agreement, at the time, wherein you granted permission for them to share your data with credit reference agencies.

sallyann81

2 store cards less thatn 2 years old a credit card lesss than 4 years they all showed up and another halifax credit card at least 15 plus years old

izools

Ah OK.

Well I suppose it's a good thing if your "old" account is also the one you owe the most money on But it is common for these very old accounts not to appear given that you signed the agreement before Credit Reference Agencies recorded data in the way they do now - so for them to report it would be a breach of data protection - you've never signed anything to say they can.

You can call them to ask about this and request they start reporting if you wish, it's your call :beer:

sallyann81

so does that mean when the bank does a check on me as im applying for a mortgage, i have one in principle, it would not be uncovered? if it was, would it make a difference? i can pay the debts.

izools

If you can't see something on your credit file, the bank don't see it when they perform a credit check. Simple as that.

When you say "uncovered" I think this might be over thinking to a certain extent. The bank do a credit check to "uncover" your debts, so if it doesn't show on that they don't know about it.

Clear sailing :beer:

sallyann81

thankyou ita just i want my own home i dont want to rent no more

marilyna

sallyann81 wrote: »

im applying for a mortgage so i decided to do a credit check on all 3 the banks use. i have 4 creditors and the one with the most money owed did not show up. im very grateful for that the others did and are small amounts

i just wondered why my huge debt did not show up i have had the card 30 years and paid it off a few times now its back up

so do some debts not show up on any credit checks? and will it affect my chances of getting a mortgage?
i dnt want it to show up lol i can afford the repayments
if banks check same ones i did would it show to them?
also i had a letter saying the card services are putting up their interest rates to 29% can they do that? and how much more would i pay a month?

My Experian file iis a lot better than my Equifax file. The Experian file does not have as many defaults as the Equifax one. So, everything is not showing on there.

traceylove

credit cards older than year 2000 will never show up on a credit check so even if you still use it and default say late payment or missed payment it still wont show up on any c check