Late Payment v Missed Payment

elite_2

After reading some posts on here I was intrested to hear how a late payment compared to a missed payment (default?) on a credit report

I.e. Are late payments reported (I have a couple by 2 - 3 days, but never missed a payment)

Money_Man

I will try and answer you query, if you are a couple of days late this is unlikley to be reported as a late payment on your credit file. It will depend on the company and how quickly they report to the credit reference agency, you would need to miss 2 consecutive payments with some card companies for this to report as 1 missed payment on your credit file.

Does this help at all?

elite_2

Yes thanks!

SlyOne_2

It depends on the issuer. Halifax One credit card messed up my direct debit which didn't come out because it wasn't set up to start with (despite 2 requests). They called me up about 5 days after the payment had been due - I paid them straightaway with my debit card, they still blasted me on my credit file. It's showing as 1 month in arrears. I'm trying to chase them up for that to get it removed since this was their fault to begin with.