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Impact of no-fault overlimit on credit report?
oceanscape
Posts: 392 Forumite
in Credit cards
I booked some flights over the phone and asked for one ticket to be charged to one card and the other ticket to another card; agent said no problem.
I then found out that they charged both tickets to the same card. This plus the interest for that month put me over limit so I've now got a £12 fee.
How badly will this affect my credit score? I paid off the excess the day the statement was generated, but I know that it is the statement balance that will be reported to the reference agencies. The flight company are paying the £12 fee for their mistake but what can I do about my credit report? I'm meant to be applying for a mortgage soon and obviously could do without this! Any ideas?
I then found out that they charged both tickets to the same card. This plus the interest for that month put me over limit so I've now got a £12 fee.
How badly will this affect my credit score? I paid off the excess the day the statement was generated, but I know that it is the statement balance that will be reported to the reference agencies. The flight company are paying the £12 fee for their mistake but what can I do about my credit report? I'm meant to be applying for a mortgage soon and obviously could do without this! Any ideas?
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Comments
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One overlimit isn't the end of the world.0
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Maybe ask if they can write you a short statement which you could forward on to your CC company to see if they will remove the late payment marker.0
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Just bear in mind that a "credit score" is meaningless so a fictitious number going up and down means nothing to the mortgage provider
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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