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    • MSE Callum
    • By MSE Callum 22nd Mar 18, 5:05 PM
    • 618Posts
    • 196Thanks
    MSE Callum
    MSE News: Halifax wrongly marks mortgage...
    • #1
    • 22nd Mar 18, 5:05 PM
    MSE News: Halifax wrongly marks mortgage... 22nd Mar 18 at 5:05 PM
    One of the UK's biggest mortgage brands mistakenly flagged some borrowers' payments as late over a five-year period, potentially harming their credit scores without them knowing, can reveal...
    Read the full story:
    'Halifax wrongly marks mortgage payments as late in five-year credit file blunder'

    Click reply below to discuss. If you haven't already, join the forum to reply.
    Last edited by MSE Luke; 23-03-2018 at 12:12 PM.
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    • takman
    • By takman 22nd Mar 18, 5:54 PM
    • 3,785 Posts
    • 3,470 Thanks
    • #2
    • 22nd Mar 18, 5:54 PM
    • #2
    • 22nd Mar 18, 5:54 PM
    Why are there so many references to it affecting your "credit score" in the article!. Can someone at MSE please explain to Callum Mason how lenders use the data in your file and NOT your credit score to help determine if they will accept you when applying for financial products.
    • VT82
    • By VT82 23rd Mar 18, 9:42 AM
    • 1,052 Posts
    • 896 Thanks
    • #3
    • 23rd Mar 18, 9:42 AM
    • #3
    • 23rd Mar 18, 9:42 AM
    It seems pretty dumb to risk paying your mortgage with a MANUAL payment on the LAST POSSIBLE day to do so without being classed as late. Talk about playing with fire. What's wrong with a Direct Debit for mortgage payments, really? I bet the number of people affected is very small and the article is totally overblown.

    Also 'It's also very disappointing that Halifax isn't offering customers compensation upfront, and is instead telling them to do nothing' - most people will not be out of pocket at all. Suggesting they should all be handsomely compensated (ultimately at the expense of Halifax's other customers) is the worst of MSE coming out yet again. How many times do you have to have it pointed out to you that your readers don't like the gutter journalism style, before you will actually proof-read your articles through an 'is this gutter journalism?' lens?
    • badmemory
    • By badmemory 24th Mar 18, 10:38 AM
    • 2,782 Posts
    • 4,424 Thanks
    • #4
    • 24th Mar 18, 10:38 AM
    • #4
    • 24th Mar 18, 10:38 AM
    It used to be in their t&Cs that if you were paying manually NOT to pay on the last day. Well actually it said something more like if you did pay manually it might not be credited in time. So either someone has slipped up and removed it or people have decided not to let a little matter of a T&C get in the way of a bit of compo.

    We shouldn't be having to explain every time an MSE employee posts like this (or so it now seems) that "credit score" is not the phrase they should be using.
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