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OMG look what Gocompare did to my credit file.

2»

Comments

  • GingerBob_3
    GingerBob_3 Posts: 3,659 Forumite
    Bantex wrote: »
    That info is not on a credit report.

    From the information on the report they can work it out.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    GingerBob wrote: »
    From the information on the report they can work it out.
    How?
    Mine gives very little info on values of transactions.
  • GingerBob_3
    GingerBob_3 Posts: 3,659 Forumite
    Bantex wrote: »
    How?
    Mine gives very little info on values of transactions.

    Does it not show outstanding balance, monthly payment etc.. If not, what precisely does it show about your relationship with an insurer?
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    GingerBob wrote: »
    Does it not show outstanding balance, monthly payment etc.. If not, what precisely does it show about your relationship with an insurer?
    Mine only shows credit agreements and whether paid on time or not. Doesn,t mention outstanding balances.
  • dgtazzman
    dgtazzman Posts: 1,140 Forumite
    Had this conversation with our IFA last week as Aviva had suddenly started reporting our car insurance we have had with them for 6 months as an unsecured loan (we pay it monthly). Wanted to know if we should be worried as we are waiting completion on a house purchase, so have a mortgage in the balance.

    He queried it with our lender, Nationwide, and they told him they ignore anything relating to insurance on CRA files (as long as there's no missed payments, defaults, etc.) in their scoring system, so I'm guessing this will be a policy most lenders adopt.
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