We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
HSBC refunded late payment, will it show?
GoldenShadow
Posts: 968 Forumite
Hi
I noticed a Late Payment charge of £12 on my CC and rang up HSBC. Turns out I made two payments on my July statement and effectively nothing on my August one. They said if I had done the second payment six hours later it would have been on my Sept statement, I was just a few hours too early
They have refunded the £12, but didn't seem sure with regards to whether it will leave a black mark on my credit report. My brother thinks them refunding the £12 means it will be OK, but I'm not so sure. The lady said often one late payment isn't something that will tend to show up anyway?! I also don't know how quickly it might or might not show on Experian for me to check..?
Any advice please?
ETA: Title should say Late Payment CHARGE..!
I noticed a Late Payment charge of £12 on my CC and rang up HSBC. Turns out I made two payments on my July statement and effectively nothing on my August one. They said if I had done the second payment six hours later it would have been on my Sept statement, I was just a few hours too early
They have refunded the £12, but didn't seem sure with regards to whether it will leave a black mark on my credit report. My brother thinks them refunding the £12 means it will be OK, but I'm not so sure. The lady said often one late payment isn't something that will tend to show up anyway?! I also don't know how quickly it might or might not show on Experian for me to check..?
Any advice please?
ETA: Title should say Late Payment CHARGE..!
0
Comments
-
It is possible they may record this (despite the goodwill refund).
However a lot of lenders won't in this situation.
If you check your credit file next month and find they have then I would ask them if they will remove it.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
It is possible they may record this (despite the goodwill refund).
However a lot of lenders won't in this situation.
If you check your credit file next month and find they have then I would ask them if they will remove it.
Thank you Tixy
Do you know if there is a certain time I should look at my report, ie. should I wait til end of Oct, a full month after the charge or do Experian update the records quite regularly?0 -
Depends where you're checking. Noddle tends to be a couple of months behind. Different banks update the CRA's in different periods and dates etc. I'd just wait a couple of months and check then.GoldenShadow wrote: »Thank you Tixy
Do you know if there is a certain time I should look at my report, ie. should I wait til end of Oct, a full month after the charge or do Experian update the records quite regularly?Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.
ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards