loans

sparkyjassie

Hi Been in business and banked with same bank for 30 years. Applied for loan with them to buy new van and got turned down. Did search and found we had made a late payment two months ago (banks fault,not ours) which was recitified withindays and they say this is the reason and it will be on our records for 6 years. We have no other bad credit, never have had. What can we do and how can we get it taken off the credit rating system?

Cycrow

a late payment that was fixed a few days later would make no difference to your credit report really.
even a single missed payment is unlikly to have much of an effect

What did the bank actually say ?
its unusual for creditors to give the exact reason for turning you down

_Andy_

"Did search and found we had made a late payment two months ago (banks fault,not ours)" - as in you did the search and found this?

How do you know this was the cause of the decline?