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Catching up with Payments
chachaslide
Posts: 13 Forumite
I got myself into a situation where I missed a couple of payments on one thing, to pay for another thing (usual scenario) I have contacted all my creditors and arranged to continue my normal monthly repayments plus pay back the arrears on top until I am straight. My question is - on Experian I now have a couple of missed payments - will the payments that I am making to cover the arrears and my normal payment keep showing as further missed payments until the outstanding monies are cleared? I hope Im being clear here as Ive confused myself just typing it. For example I missed 2 payments on my car (Nov, Dec) I am now in January making my normal payment for my car plus a bit extra. Will my January payment therefore show as late, and Feb and March and so forth until the account is in order?
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Comments
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Yes it will be recorded as a missed payment, until you are back up to date again with your regular contracted repayments.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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Thank you. Am absolutely determined to be two thirds debt free by this time next year.0
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