Will going overdrawn (unauthorised) affect my wife's credit

TrickyDicky101

My wife and I are currently in the process of selling our house. We intend to buy a larger, more expensive property and it is only my income that will be used, although our current mortgage and house is in both our names (as we would intend any mortgage on the next house to be).

My wife paid for something a couple of years back when she didn't have sufficient funds in her account. The payment went through and her bank charged her something like £25 for going overdrawn (the overdraft was settled within 2 weeks). Fair enough, put it down to experience, move on.

Will this have any bearing on her credit profile and thus may impact our ability to get a new mortgage? I haven't (yet) retrieved her profile from eg Experian but I was wondering if it was usual practice for this to impact her record?

Senior_Paper_Monitor

Will probably show as a '1' on some credit files (one month maybe two if it ran over month end) - if everything else OK shouldn't have much effect unless you are borrowing at very high LTVs.

Experian_company_representative

Couldn't have put it better myself. Overdrafts are included on credit reports and indiscretions can result in adverse data. Perhaps worth checking both of your credit reports in advance of any mortgage application.

James Jones