Jump to content


definition of account in arrears ...anyone?


straftat
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4694 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

:???:

 

i am looking for an official definition of what a 1 monthly marker on my credit file showing account in arrears is

 

in this case it relates to a secured loan

 

is it a full 30 days after it was due that they can mark your file?

is it at the point of the 2nd due installment ?

 

unfortunately my payments fall on the last working day of the month so if it was paid on ..lets say the 4th of the next month (i.e within 1 week) would that be still 1 month in arrears?

 

is it different for every lender or is their an industry accepted practice?

Link to post
Share on other sites

Generally it is my understanding that arrears can be noted if a payment is not made paid

before the next payments due date, you can of course contact the creditor and rearrange the payment

to a date to coincide with your pay day.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...