How long before late payment appears on credit file?

oscar52

YorkshireBoy wrote: »

Why "should" they?

Are you posting information based on an industry code of practice, or some other official guidelines/regulation? In which case please could you provide a link. Or maybe it's just your opinion?

Please clarify which it is.

Not sure about a COP , but as far as I was aware, it was an industry standard (5 working days) - mbna used to use 30 calender days before reporting

Cell

onesonsmum wrote: »

We get no rewards for paying ontime everytime, try it yourself and see how much they noticed that you paid ontime, everytime.

Money now is tighter than ever and who still has that much disposable income? Not I. For me DD represents lazy banking.

You get rewarded by getting a good credit record.

You enter into a contract. If you don't comply with your side of the bargain then why on earth would anyone else want to offer you further credit?