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!
Reasons for missing credit card payments / contradicting Equifax/Experian report
xziare
Posts: 5 Forumite
Hi All,
I'm in the process of applying for a mortgage and my broker has applied for an agreement in principle from the lender and they have responded to ask for the reasons why I have missed 4 payments on a credit card in the last three years.
Firstly, I don't remember ever missing a payment.
Secondly, my Equifax report that was generated this week has given me an 'Excellent' rating and even lists each credit card I have had and doesn't show any late payments (only green boxes to suggest payments made on time).
Where do I stand here? I don't want to respond and make the situation worse by saying that 'I don't remember', could they have made a mistake or is Experian/Equifax not as detailed as I should hope?
I'm in the process of applying for a mortgage and my broker has applied for an agreement in principle from the lender and they have responded to ask for the reasons why I have missed 4 payments on a credit card in the last three years.
Firstly, I don't remember ever missing a payment.
Secondly, my Equifax report that was generated this week has given me an 'Excellent' rating and even lists each credit card I have had and doesn't show any late payments (only green boxes to suggest payments made on time).
Where do I stand here? I don't want to respond and make the situation worse by saying that 'I don't remember', could they have made a mistake or is Experian/Equifax not as detailed as I should hope?
0
Comments
-
You need to contact your card provider and raise a dispute or look at your card statements"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
Equifax is not the end of the story. Lenders can also check Experian and Call Credit - detail shown can differ.
Your broker should be managing this.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
I would be more than a little irritated if a broker did not request copies of all 3 CRA files before starting work.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.8K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 245.9K Work, Benefits & Business
- 601.9K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards