AR/AP marker

Greytdog

Hi all, I have just found out that I have an AR marker on my credit file in 2015 for British Gas. I have a good credit score but recently failed to get a car loan and my eligibility on here for any credit card or loan is mainly 0% with an odd 20% chance. The marker was put on when I changed supplier and they offered that I pay the outstanding balance over a few months, no mention of AR marker or adverse credit report issues being added to my file. The amount was cleared within 2 months, is there anything I can do? I've been through bankruptcy and the dropped off my file a year ago, I thought I was just getting my credit life back in order but thus will affect me until 2021! All help greatly appreciated.

Keezing

In the grand scheme of things, I don't think 2 months of AR/AP markers will have a huge impact on your credit file.

Are you sure it's nothing something else?

National_Debtline

Hi

I’m not sure you’ll be able to get them removed if they reflect what actually happened. All you can do is try asking British Gas.

James
@natdebtline

Greytdog

My file shows no negative markers, no late payments, do defaults etc, credit rating on experian is in excess of 900, the only way I found out about the AR was British gas sing checkmyfile instead of using experian which I subscribe to. Really don't know what to do to get back to being eligible. I'm on the electoral role etc etc

Greytdog

I don't see it was an arrangement as they offered, I thought that AR markers were for DMP etc. Do you know how badly this affects my prospects of getting credit?

Keezing

Checkmyfile isn't a credit reference agency, it's a 3rd party product that combines the data from Equifax and Call Credit and some kind of score aggregate from Experian.

- To check your Equifax report properly use https://www.clearscore.com
- To check your Call Credit report properly use https://www.noddle.co.uk

The best way to check Experian aside from their free trial is a £2 statutory report from http://www.experian.co.uk/consumer/statutory-report.html

Make sure you cancel your Checkmyfile trial if you have one.

It's possible that the criteria for the loan that you applied for specifically prohibited AR/AP markers, at which point you need to find a different lender. If your credit file is as clean as you say you should have no problems getting a competitive car loan, even with the AR/AP markers.

Now this is Debt-Free-Wannabe, so I should caution you about taking out a car loan! Can't you buy an older car for cash instead? :-)