Arrangement but NO Arrangement 7 February at 1:33PM in Credit file & ratings 2 replies 129 views

ldm123

I admittedly was late on a few payments on my Santander credit card.  I ran a credit report on three separate agencies and on two of them these late payments are showing as Arrangements.  How can this be he case when I haven't not agreed anything with them.   Interestingly on the third agency they just show as late payments.

MorningcoffeeIV

There's no practical difference between arrangement and late.  

Unless you want to push for a default, leave it.

ldm123

MorningcoffeeIV said:

There's no practical difference between arrangement and late.  

Unless you want to push for a default, leave it.

actually there is.  My mortgage lender will accept a late payment but not an arrangement.