Transunion telling monzo I have a default when i don't!

D3xt3r5L4b

OP has other debt issues and credit card balances due as well, as well as not being completely sure what shape their credit history is actually in.
Previous posts are a godsend for piecing things together. 

jazzyja

D3xt3r5L4b said:

OP has other debt issues and credit card balances due as well, as well as not being completely sure what shape their credit history is actually in.
Previous posts are a godsend for piecing things together. 

I have 2 cards that will be cleared in 2 months. I have no other debt or 'issues'. I have missed payments from 3 years ago..which will be 4 years when I come to apply 

Fighter1986

Those missed payments are indeed other debt issues but the timeframes are good.

When you're out of debt altogether and it's been 36+ months since your last payment issue, you'll find a lot of lenders offering you competitive mortgages.


A good, long standing, reputable all of market broker will help you find such a mortgage once you're ready  

jazzyja

Fighter1986 said:

Those missed payments are indeed other debt issues but the timeframes are good.

When you're out of debt altogether and it's been 36+ months since your last payment issue, you'll find a lot of lenders offering you competitive mortgages.


A good, long standing, reputable all of market broker will help you find such a mortgage once you're ready  

Yeah i understand that but I'd like to think it wouldn't stop me all together getting a decent rate. I get my history isnt great. This default to be fair might be gone before I apply, I'm probably flapping for nothing. Thankyou 

liggerz87

jazzyja said:

liggerz87 said:

I think its generic I see it on there aswel accept i do have defaults 

Well....ive just looked at my closed accounts and I have a defaulted account from 5 bloody years ago! Didn't even see it. Its showing as settled though and i do remember paying it. It was only £80! Cryyyy. I really hope this doesn't scarper my mortgage chances! It falls off April 2021 

You could wait a year fornit to drop off tjen apply for mortgage 

jazzyja

liggerz87 said:

jazzyja said:

liggerz87 said:

I think its generic I see it on there aswel accept i do have defaults 

Well....ive just looked at my closed accounts and I have a defaulted account from 5 bloody years ago! Didn't even see it. Its showing as settled though and i do remember paying it. It was only £80! Cryyyy. I really hope this doesn't scarper my mortgage chances! It falls off April 2021 

You could wait a year fornit to drop off tjen apply for mortgage 

Yes it drops off April next year, to be honest I think it will probably be gone by the time I apply hopefully

jazzyja

Hi guys just coming back to this....so after further looking....experian and equifax have no record of this default. Equifax have it as a late payment and and experian don't even have the account on anymore. Its only transunion who have the default and account on there. Is this a usual thing to happen?? So basically if a lender didn't use transunion to check my file my chances would be completely different? 

D3xt3r5L4b

Possibly.
But we’re not savvy with lenders criteria.