Basic help please

Sweet_Girl_x

Hello

I have 2 Payday loans on my credit report and I wondered they will be gone.

Start date
13 Mar 2014
End date
25 Mar 2014

&

Start date
05 Apr 2014
End date
23 May 2014

Am I right to say these will drop off in May this year??

Also I am using the new Credit Karma app (old noddle) and it says
Mortgage: Inactive. We found a mortgage for you but it looks like it has been closed.

WHAT THIS MEANS

A mortgage appears on your report and has either been paid off or the account has been closed.

I have never had a mortgage?!

Thanks in advance

DCFC79

Sweet_Girl_x wrote: »

Hello

I have 2 Payday loans on my credit report and I wondered they will be gone.

Start date
13 Mar 2014
End date
25 Mar 2014

&

Start date
05 Apr 2014
End date
23 May 2014

Am I right to say these will drop off in May this year??

Also I am using the new Credit Karma app (old noddle) and it says
Mortgage: Inactive. We found a mortgage for you but it looks like it has been closed.

WHAT THIS MEANS

A mortgage appears on your report and has either been paid off or the account has been closed.

I have never had a mortgage?!

Thanks in advance

Maybe ask Karma.

[Deleted User]

The accounts drop off 6 years from closure (or default, if applicable).

Raise a query re the mortgage.

Sweet_Girl_x

DCFC79 wrote: »

Maybe ask Karma.

Hmm thanks. I think it may be a fault in their new app because it didnt say that on the old app, and when I go through to my credit report offered by TransUnion it obviously doesn't have a credit account with a mortgage provider. I can only raise a dispute with TransUnion but in their eyes I guess there isn't anything to dispute? :eek:

Sweet_Girl_x

Deleted_User wrote: »

The accounts drop off 6 months from closure (or default, if applicable).

Raise a query re the mortgage.

Thanks, do you mean 6 years? Does this mean these will be gone in March and May this year?


Thanks for your help

[Deleted User]

Yes - 6 years - corrected now.

PRAISETHESUN

I'd get copies on your reports directly from the 3 CRAs (ie. from TransUnion rather than through Credit Karma) to make sure the underlying data is displayed correctly. But otherwise as above the loans should fall off after 6 years (Mar and May this year). I'd also query Credit Karma and TransUnion about the mortgage.

Sweet_Girl_x

PRAISETHESUN wrote: »

I'd get copies on your reports directly from the 3 CRAs (ie. from TransUnion rather than through Credit Karma) to make sure the underlying data is displayed correctly. But otherwise as above the loans should fall off after 6 years (Mar and May this year). I'd also query Credit Karma and TransUnion about the mortgage.

Thanks for this. I'll be glad to get rid of them. I do check my reports with all 3 TransUnion, Experian and Equifax. The loans only appear on the Transunion report.