does a dmp show up on a credit check

Get expert opinion. This is the place for new questions to be posted.
6 posts Page 1 of 1
 
 

jayne.6

User avatar
Posts: 5
Joined: Wed Oct 06, 2010 12:04 am

Post by jayne.6 » Wed Oct 20, 2010 6:10 pm
does a dmp show up on a credit check
 
 

666

User avatar
Posts: 70
Joined: Fri Jan 29, 2010 8:23 pm
Location: United Kingdom

Post by 666 » Wed Oct 20, 2010 7:41 pm
hi jayne
your credit file may show you are in a payment arrangement with your creditor(s) so effectively the answer is yes.
 
 

kallis3

User avatar
Forum Expert
Posts: 77177
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Wed Oct 20, 2010 7:49 pm
Mine showed up as a 'Special arrangement' so it wouldn't take much to put two and two together.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Thu Oct 21, 2010 2:51 am
It's a bit hit and miss, and tends to show more if the account is actually defaulted.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Andrew Graveson

User avatar
Posts: 933
Joined: Wed Jun 13, 2007 7:52 pm
Location: United Kingdom

Post by Andrew Graveson » Thu Oct 21, 2010 9:40 am
As stated previously the debt management plan itself will not show up. Starting a debt management plan is not in itself a credit "event" to be recorded (like a default notice, CCJ or an IVA would be for example).

It will typically result in your credit file showing late payments, missed payments, default notices and "arrangements" on the individual lines of credit.
Andrew Graveson
Bright Oak Ltd
UK Debt Management Company
Website: www.brightoak.co.uk
 
 

kallis3

User avatar
Forum Expert
Posts: 77177
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Oct 21, 2010 12:19 pm
Mine did all show up as late payments as well, no defaults though.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
6 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”