topic Direct debit failed credit report in Account & Billing

Direct debit failed credit report

Bakuee — Mon, 08 Jul 2024 00:38:59 GMT

My direct debit failed for my sky mobile and i know that they will attempt to take it again in 10 days however i just wanted to know whether it would show up as a late payment on my credit file? Or does it only show up if it fails again after the 10 days?

Re: Direct debit failed credit report

Daniel0210 — Mon, 08 Jul 2024 14:05:35 GMT

@Bakuee

I'm not sure to be honest. The Experian website advises that some companies take late payments into account when calculating your credit score. This is because overdue payments can suggest you’re struggling to manage your finances.
https://www.experian.co.uk/consumer/guides/late-payments.html

Your other two threads have been removed.

Re: Direct debit failed credit report

Mark39 — Mon, 08 Jul 2024 14:11:47 GMT

Previous posts indicate that it's posted as 'late' when payment on the due date fails (regardless of whether or not it's paid on the second attempt.That would be correct, as clearly the payment is late if it's not paid on the date it should be.

Re: Direct debit failed credit report

Bakuee — Mon, 08 Jul 2024 14:15:08 GMT

I was only curious cause this exact situation has happened once before with a family friend and it wasn't shown as a missed/late payment so wasn't sure if it had changed since then

thanks though