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does your current account balance shows on your credit report?

kodeina
kodeina Posts: 6 Forumite
in Budgeting & bank accounts
Hello everyone,

I can see all my accounts are listed on my credit report showing balance 0.

I was just wondering, if I have to deposit let's say 10k into one current account, let's say barclays, will that show on my credit report?

Or does it shows the balance only if you have an overdraft or loan or a credit card?

I am so confused.

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    No - only if you have an overdraft then it will show the amount you are "overdrawn" by.
  • kodeina
    kodeina Posts: 6 Forumite
    !!! wrote: »
    No - only if you have an overdraft then it will show the amount you are "overdrawn" by.

    wow, that was such a lightning fast answer. thank you so much!
  • Dobbibill
    Dobbibill Posts: 4,199 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    As !!! says - the 0 says you are not overdrawn - a figure would say how much of the overdraft limit you are using if applicable.
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • RG2015
    RG2015 Posts: 6,094 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    One of my current accounts is over 40 years old and does not appear on my credit report. Would it start to appear if I used part of my overdraft facility for a day or two?
  • Dobbibill
    Dobbibill Posts: 4,199 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    RG2015 wrote: »
    One of my current accounts is over 40 years old and does not appear on my credit report. Would it start to appear if I used part of my overdraft facility for a day or two?


    Have you checked all of the CRAs? It may not appear on one but will on others. The other thing is with it being so old is that sharing your data with CRAs wasn't around when you opened it and they may not have updated their agreement with you to share the data so possibly not. I have a very old basic account that doesn't report at all yet some basic accounts do report now.
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    If you can't be the best -
    Just be better than you were yesterday.
  • RG2015
    RG2015 Posts: 6,094 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Dobbibill wrote: »
    Have you checked all of the CRAs? It may not appear on one but will on others. The other thing is with it being so old is that sharing your data with CRAs wasn't around when you opened it and they may not have updated their agreement with you to share the data so possibly not. I have a very old basic account that doesn't report at all yet some basic accounts do report now.
    Thank you. The account does not appear on any of the three CRAs. I also have a credit card which I have used regularly for over 40 years that does not appear anywhere.

    I asked NatWest to report them but they never did although they did pay me compensation for mismanaging my first request for the accounts to be reported.
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