'not updated' on credit reports

Kt8

Just been looking at credit reports on old settled accounts, on some there is the letter U under the months of the credit agreements 'u=not updated' what does this mean? totally baffled by it, also have 3 for the 1st 3 months my loan was started even tho its always been paid on time in full?

apologies if this is in the wrong section

Tixy

U is often used when a new account has been opened and no payments made yet. It also might be used if a creditor doesn't update your credit file for some reason in a particular month.

The 3s for the loan don't sound right though - I would contact the loan company and check there is no problem and ask them to correct the entries on your credit files.

DarnIt_3

Depending on who your CR is with, you need to raise a dispute!
Do you have proof you paid on time, bank statements etc? If so then call the loan company and talk to them about it, they can change it.

rdchick

I have U's on my loan too - Did you have a deal where you 'pay nothing for the first 3 months'? I did - I took the loan out in June but didn't start paying it back til September so the first 3 months there's no info. If that's the case then I wouldn't worry about it xxx

Kt8

That's it first 3 months free! Phew! Thanks x