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Unsecured loan paid off

Hi all I paid an unsecured loan off in full on the 1st of October when will my credit file be updated it’s still showing the full balance. Is it worth ringing the loan company up or will it do it on it’s own? Thanks. 

Comments

  • MovingForwards
    MovingForwards Posts: 17,180 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    The loan company will do it during their next cycle of notifications and then the CRAs update their files, it could take a couple of months.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • Gam2015
    Gam2015 Posts: 171 Forumite
    Tenth Anniversary 10 Posts Name Dropper Combo Breaker
    The loan company will do it during their next cycle of notifications and then the CRAs update their files, it could take a couple of months.
    Shame I wanted it showing paid in full for a mortgage application 🙄
  • Provided you have proof it's paid off, tick the box on the application to say it will be cleared before the mortgage starts or get your broker to do it.
    Mortgage started 2020, aiming to clear 31/12/2029.
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