Owing energy company and credit score
in Credit file & ratings
4 replies 121 views
Looking to buy a house soon. It will be our first mortgage. Will the fact I have a large sum of debt with my energy company be an issue? We have a plan for paying it off. We didn’t know we were under paying for such a long time / I’m terrible at remembering to submit readings. Thank goodness smart meters exist now!
Latest MSE News and Guides
British Gas prepay meter users...
...to pay less for gas from 1 AprilMSE News
The 'odd Easter flavours' thread 2023
What bizarre food stuffs have you spied?MSE Forum
Energy Price Guarantee calculator
How much you'll likely pay from AprilMSE Tools
This debt may or may not show on your credit files but it will need to be declared on your mortgage application.
Have you checked your reports with all three main CRAs? That's a good idea anyway before applying for a mortgage, regardless of this debt.