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Credit Record - Querying banks marks?


maangov
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Hey all,

 

Checking my credit record shows 3 recent late payment marks on my current account. I dont believe any of these to be correct. Are there any letter templates to query this information with HSBC?

 

They probably relate to payments made to a managed loan, which bounced from my account. Strange that they reflect this against the current account, and not the loan itself. In any case, there were probably 3 late payments, however they were not consecutive. probably spread over 7 months, with on time payments in between. Therefore they should be individual '1's' not recorded as 3 in a row.

 

Any advice/letter help much appreciated.

 

MA

__________________

HSBC A/C - WON! - £1,575 Charges, Stat Interest and default removed before court!

HSBC CC - WON! - £1,025 Charges, and Stat Interest refunded

ARGOS - WON! - £250 Charges & Contractual Interest

CREATION WON! - £180 Charges & Contractual Interest

BARCLAYCARD- Court Date Set - 09/10/2007

EGG - SAR Sent 22/12/06, ID Sent 05/01/07. No progress yet.

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I may be wrong but i think some of the banks report a late payment mark if you have gone over limit in the month or they have bounced a dd.

All comments are my personal views - if in doubt then seek professional advice. If you think i've helped then please tip my scales.

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im being ignorant here what is a payment mark is it like a points type of system kept for internal records or do experium and the likes have access to this mmm i wonder if they do would be really intrested to find out

http://www.consumeractiongroup.co.uk/forum/welcome-consumer-forums/107001-how-do-i-dummies.html

 

 

 

 

Advice & opinions given by patrickq1 are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional

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For each credit account reported to equifax or experian there is a monthly payment mark covering the last 6 years. If you pay the account when due then you get a "0" if you are a month late then you get a "1" if you are two months late you get a "2" and so on. Therefore for each account it may have a history something like 000000000000001100000001230000000000000000001000100000010 etc

 

When you are credit scored the system will take into account the above history and various other factors.

All comments are my personal views - if in doubt then seek professional advice. If you think i've helped then please tip my scales.

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well my credit score must be worth a couple of mil lol what about experiun and the likes do they have this info as well

http://www.consumeractiongroup.co.uk/forum/welcome-consumer-forums/107001-how-do-i-dummies.html

 

 

 

 

Advice & opinions given by patrickq1 are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional

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so that means without words spoken you could be on hundreds of points indicating a bad or troublesome payer etc:

surely experium and the like cannot have access to any of this whilst you have not ever bounced or missed any type of payment ...

http://www.consumeractiongroup.co.uk/forum/welcome-consumer-forums/107001-how-do-i-dummies.html

 

 

 

 

Advice & opinions given by patrickq1 are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional

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