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Missed payment query
QuietOne
Posts: 145 Forumite
Hi guys, sorry for the dumb question but I had a missed payment on my Cap1 account (now closed) back in May this year. Out of my own stupidity. My last missed payment since then was back in 2010.
How long before that missed payment is considered irrelevant? All my other accounts are up to date and never missed a payment. I'm not after any credit or anything, I'm just trying to maintain a fairly decent credit history.
How long before that missed payment is considered irrelevant? All my other accounts are up to date and never missed a payment. I'm not after any credit or anything, I'm just trying to maintain a fairly decent credit history.
Littlewoods £0/£750
Barclaycard £0/£1,000 @ 0% Nov '18
Goal: To be debt free by Oct' 31st 2016.
Now debt free!!!
Barclaycard £0/£1,000 @ 0% Nov '18
Goal: To be debt free by Oct' 31st 2016.
Now debt free!!!
0
Comments
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Hi there,
The information will remain on your report for 6 years, unfortunately, it is quite difficult to say when it will become irrelevant because that would be up to the prospective lender to determine (what information is relevant and what isn't).
Very generally speaking, the older information is on your file the less impact it tends to have on your score.
Laura
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
as it's now settled (closed), this may actually work slyly in your favour.0
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