Credit card and ICB report mortgage application

lbyrne121

Hi

I was wondering if someone could help. Myself and my husband are going to go for a mortgage in the next month. I am really stressed about credit report (I ordered one this morning). We both had loans which we cleared off without missing a payment probably 3 years ago. I currently have a mortgage for last 5 years and too never missed a payment always on time. We have been saving 3000 per month for the last 2 years.

My question is in July 2014 I missed two credit card payments by total mistake (each payment was only 11 euro) as soon as I realised I paid but it did say on my statement 2 months arrears before I realised that I forgot to pay. The credit card was with bank of Ireland I just made the payment when I realised and haven't thought about it until now when we have decided to go for a mortgage.

My husband missed one or two payments in 2013 and w014 but neither of us ever had credit cards revoked.

Will this impact us on a mortgage application?

Do bank of Ireland report missed credit card payments to the icb immediately or do they give you time?

Would really appreciate any advice quite stessed

MissElle

Hi OP,

I accidentally missed one credit payment with BOI a few months ago due to my direct debit not coming out. The missed payment never showed up on my report. I noticed it within 3 days and paid it then so not sure if that made a difference?

I'm recently mortgage approved and while I was stressing about it incase it showed up, my mortgage advisor said to me that one or two showing on the report wouldn't make a difference to the application, which I was surprised about! Once you get your report best thing to do is to speak with your advisor, good luck!

Mockba

The report only shows the transactions for the last 24 months. Yours will be outside that so it wont show on the report.

lbyrne121

Hi

I really need advice as I am stressing!! I missed two consecutive credit card payments in July 2014 as an oversight the second I realised I paid a certain amount of the balance (450 on credit card)

I am now applying for a mortgage will this impact me??

I have nevery missed a payment since

pilly

You can get your credit rating from the ICB but don't stress too much, I'd imagine this won't even be on it and if it is it will only show up as late payments twice. Get on to the ICB for your peace of mind, it may not even be on there.

cmac2009

lbyrne121 wrote: »

Hi

I really need advice as I am stressing!! I missed two consecutive credit card payments in July 2014 as an oversight the second I realised I paid a certain amount of the balance (450 on credit card)

I am now applying for a mortgage will this impact me??

I have nevery missed a payment since

Think they only list 24 months of payments so should be the the clear on ICB report

lbyrne121

If it doesn't show on the last 24 months how will I know if he effected my credit rating.. will the banks see past 24 months when looking into my mortgage application?

Thanks for your responses

lbyrne121

I have requested the report as of today so just waiting.
If it only shows 25 months is this all the banks will see?

BuffyBot

Threads merged. Please don't create multiple threads on the same topic.

pilly

The banks will only see whatever you see on the ICB report unless it's a court judgement.

lbyrne121

Thanks everyone for their replies greatly appreciated