You have missed payments on your accounts

Each time you miss a payment a ‘current status indicator’ goes up in value at the Credit Reference Agency. When you miss one payment a ‘1’ is displayed. When you miss two payments, it’s a ‘2’.

Missed payments will make it harder for you to get accepted for a loan. The more missed payments the harder it will get. You may have missed one or more payments recently.

Tip: Try and make sure that no further payments are missed. If you can, pay off any arrears. Better still, pay off the entire account. This can help show a lender that you were able to afford the loan, despite missing payments.