Not updated accounts

matttye

I've recently started using Santander for my main current&savings account, and Lloyds as my emergency fund account.

My wages have been paid into my Santander account since May.

Lloyds hasn't reported any updates on my credit files since April; is that likely to be because I'm not paying into it regularly now? There's no overdraft and it has a positive balance.

The only other thing I can think of is because it's a vantage account but I'm not paying in £1k per month.

You-kip

99% sure that even leaving a positive balance in a bank account but with no activity is still leaving it dormant as its not being used.
Doesn't the CRAs apply a (U) when this happens.

izools

The CRA don't apply the (U), it's up to the bank to update them every month to say the account is unused.

You could always try moving some money in and out between it and another account to see if this triggers an update the following month.

matttye

I've just double checked and they've updated to June with Equifax, but only to April with Noddle.

Still waiting for my Experian one to come through. It may just be Noddle!

Thanks

carrot_cake

A couple of my accounts haven't updated on Noddle since 1st May, even though one of them was paid off mid May.

You-kip

carrot_cake wrote: »

A couple of my accounts haven't updated on Noddle since 1st May, even though one of them was paid off mid May.

I wouldn't worry to much I have 2 accounts missing from Noodle but as no lender uses them I'm not going out of my way to have it rectified.

matttye

You-kip wrote: »

I wouldn't worry to much I have 2 accounts missing from Noodle but as no lender uses them I'm not going out of my way to have it rectified.

That's the thing; while many lenders don't tend to use them for checks, they do at least use them for reporting.

Noddle is usually a free way of keeping track of my credit report, but ATM it's proving unreliable.