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Advice on 1 late payment
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cmg2018
Posts: 5 Forumite
Hi there
Im new here and looking for some advice.
I have make a mistake with a credit card and now have 1 late payment showing.
Basically I have 2 cards from one provider - I have never used one of them so don't have a direct debit set up on it. Anyway, I used it about 2 months ago but didn't make a payment as I thought it was the other card which is on direct debit. I did get a text saying I needed to make a payment - which I ignored cause I thought its fine, its on a direct debit, must be a mistake. I didn't realise what happened until I got a default letter. So ive paid the balance now but obviously it has registered as a late payment.
Can I do anything about this- add a notice of correction ? Will it make a massive difference to my score? Ive never had a late payment before Im assuming even one isn't good?
Any advice would be appreciated?
thanks
Caro
Im new here and looking for some advice.
I have make a mistake with a credit card and now have 1 late payment showing.
Basically I have 2 cards from one provider - I have never used one of them so don't have a direct debit set up on it. Anyway, I used it about 2 months ago but didn't make a payment as I thought it was the other card which is on direct debit. I did get a text saying I needed to make a payment - which I ignored cause I thought its fine, its on a direct debit, must be a mistake. I didn't realise what happened until I got a default letter. So ive paid the balance now but obviously it has registered as a late payment.
Can I do anything about this- add a notice of correction ? Will it make a massive difference to my score? Ive never had a late payment before Im assuming even one isn't good?
Any advice would be appreciated?
thanks
Caro
0
Comments
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It won't make a major difference but that is why you need to set up a direct debit for the minimum payment on all credit cards.
Don't panic if your 'score' does change a bit - mine seems to go up and down with the weather.0 -
What would you like a notice of correction to say?"Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."0
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Personally, I would not bother with a Notice of Correction. I would instead, appeal to the goodwill side of their customer care team. I would say it was a one-off error on your part and will not re-occur. Apologise and grovel profusely, wish them a happy xmas and new year. Be nice and they may remove the 'late payment' marker from your credit file.
Edit: Welcome to the forum and happy xmas
I work within the voluntary sector, supporting vulnerable people to rebuild their lives.
I love my job
0 -
What would the NOC say?
"I done messed up but I won't do it again".
It's one Late Payment marker - it will have less impact over time0 -
It won't make a major difference but that is why you need to set up a direct debit for the minimum payment on all credit cards.
Don't panic if your 'score' does change a bit - mine seems to go up and down with the weather.
With one provider this month mine went down 20 pts and back up again in 14 days, with no changes to my credit accounts.0
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