Paying less than minimum payment

MovingForwards

Just be careful in case it gets sold on and the buyer decides to put an AP marker on your credit file, that stays on your history for 6 years after your last payment.

Perhaps you should post a statement of affairs so we can assist overall with budgeting.

Fergsteris007

So after it being 6 years and removed from your credit file Will your credit score jump up?

[Deleted User]

It might jump up, it might drop like a stone or it might just stay the same. The score isn't related to credit worthiness in the UK.

Fergsteris007

Bloody nightmare these credit ratings

Fergsteris007

Especially when there are 3 different providers and you gotta keep checking they all have the same info. Never really know if one has incorrect info and lenders penalise you for it

[Deleted User]

Fergsteris007 wrote: »

Especially when there are 3 different providers and you gotta keep checking they all have the same info. Never really know if one has incorrect info and lenders penalise you for it

Neither score or rating is correct.

What matters is the data on your files