Experian - really slow to update

szac976

Has anybody had experience of this?
I had a loan, which I paid off completely in August but Experian still has the balance from June? 
Clearscore and Credit Karma were updated relatively quickly so my understanding would be that the lender has updated the CRA's, is contacting experian worth it to see if they can update?

D3xt3r5L4b

It’s not Experian - it’s the lenders updating the CRA’s

Larac

My experience is that it can take at least three months before any settled accounts appear.

abc.xyz

It's the lender, not the CRA. Halifax haven't updated my Experian file since 02 August.

richardadc

From my understanding the CRAs do their own checks on the bulk data that they receive to make sure it’s all valid.  It would be quite concerning if they accepted such a bulk load of data without such checks. 

The delay can easily be a mix between the lender and the CRA. 

dr_adidas01

richardadc said:

From my understanding the CRAs do their own checks on the bulk data that they receive to make sure it’s all valid.  It would be quite concerning if they accepted such a bulk load of data without such checks. 

The delay can easily be a mix between the lender and the CRA. 

I'm not sure where you have found that from as there are loads of posts on this forum and in newspaper reports where CRA's have added other peoples credit data onto a non related individuals credit report.  The only similarity in most cases is that there names and DOB are the same yet they live in in different parts of the UK.

So this would suggest they don't check anything much at all.