Mint Credit Card marked Experian as default

ids2

Hi, im wanting advice. Im applying for a mortgage. The mortgage company are declining my application because of the following. Around four years ago I ran into financial difficulty. I had two credit cards at the time that I could not afford to pay. One was Virgin MBNA and the other MINT. Both agreed that they will freeze the interest and allow me to pay a set amount each month until it is paid off. Two months ago I obtained my credit report from Experian. Vrigin MBNA have marked each monthly payment as green - which means payments are up to date. MINT have marked each monthly payment as red - which means default. I have not missed a single payment and kept to the agreement. I cant understand why one marks as ok and the other not. Because MINT have marked it in this way is causing me an issue with the mortgage application. I have now paid the remaining debt to MINT but that does not seem to have helpded. Any advice would be great, Thanks.

bigadaj

You've technically defaulted on this as it is an arrangement to pay, so you're lucky that the other card hasn't recorded this.

You can't get this changed and doen as much as you can by paying it off, only time will heal this as the defaults go further into the past.

Is is going to cause problems with a mortgage and will mean you'll either need a larger deposit, pay a higher rate or have to wait longer for the mortgage for the impact to lessen.

ids2

Ok, thanks for the advice, I feared as much.