Absolutely FURIOUS with QuickQuid
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JP2019
Posts: 79 Forumite
So here’s the deal.
Had one late payment last month due to a complete oversight on my part, noticed the error about 10 days later and paid it, fair enough that they marked the account as late payment as I was late so I am not contesting it.
Log into my credit report today and it’s now showing as 2
MONTHS LATE when it has been paid and my quick quid account is up to date.
I know administrators have been called in with quickquid but I am now frightened that the credit teams have maybe left their jobs or are not doing their work properly, I will not have my credit destroyed, I could not care less what financial difficulties the company are in!
Is this likely to be rectified or am I going to have issues here? Has anybody ever had incorrect entries on their files when a company goes into admin?
P.S I am well aware of the dangers of payday loans and how it looks to lenders so any comments regarding this are not needed and will be ignored, please stick to what I am asking. Thank you
Had one late payment last month due to a complete oversight on my part, noticed the error about 10 days later and paid it, fair enough that they marked the account as late payment as I was late so I am not contesting it.
Log into my credit report today and it’s now showing as 2
MONTHS LATE when it has been paid and my quick quid account is up to date.
I know administrators have been called in with quickquid but I am now frightened that the credit teams have maybe left their jobs or are not doing their work properly, I will not have my credit destroyed, I could not care less what financial difficulties the company are in!
Is this likely to be rectified or am I going to have issues here? Has anybody ever had incorrect entries on their files when a company goes into admin?
P.S I am well aware of the dangers of payday loans and how it looks to lenders so any comments regarding this are not needed and will be ignored, please stick to what I am asking. Thank you
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Comments
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I will not have my credit destroyed
I think you probably did that to yourself when you started taking out payday loans.0 -
Contact them and ask them to change it0
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In the grand scheme of things, I doubt two missed payments will be much different from 1. In any case, it won't destroy your credit history, it will be a minor blip.
All you can do is try to make contact with the administrators to get it fixed, although I doubt it will be top of their list.0 -
I will not have my credit destroyed
I think you probably did that to yourself when you started taking out payday loans.
Don't know but after taking out a satsuma loan, I went up 42 points. According to one CRA.
Couldn't really care what anyone thinks - life carried on and I was given 6 weeks (completely skipped a payday believe it or not) until the first repayment in Dec so hardly a payday loan these days. If you don't mind.
Borrowed £200 in October, will repay £298 by February 2020 over a 3 month repayment (chosen by moi) unless I chose to repay early. I don't have the intimidation of someone knocking at the door or dealing with an even worser lender.0 -
Deleted%20User wrote: »Don't know but after taking out a satsuma loan, I went up 42 points. According to one CRA.
Couldn't really care what anyone thinks - life carried on and I was given 6 weeks (completely skipped a payday believe it or not) until the first repayment in Dec so hardly a payday loan these days. If you don't mind.
Borrowed £200 in October, will repay £298 by February 2020 over a 3 month repayment (chosen by moi) unless I chose to repay early. I don't have the intimidation of someone knocking at the door or dealing with an even worser lender.
Does the CRA that upped your score by 42 points lend money? No, so how they viewed you after the Satsuma loan is irrelevant. Real lenders on the other hand see red flags when people resort to sub prime lending. For example, many high street mortgage lenders straight up decline anyone with sub prime loans taken in the last 12 months, some go back further.0 -
Lover_of_Lycra wrote: »Does the CRA that upped your score by 42 points lend money? No, so how they viewed you after the Satsuma loan is irrelevant. Real lenders on the other hand see red flags when people resort to sub prime lending. For example, many high street mortgage lenders straight up decline anyone with sub prime loans taken in the last 12 months, some go back further.
I believe the CRA comment was sarcasm..0
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