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Default on Credit file but I’m up to date?

### Title: Default on Credit File despite Timely Payments: A Mysterious PayPal Credit Dilemma

Salutations, readers!

I hope this blog post finds you in good spirits. Today, I’m diving into the murky waters of a financial mystery that I’ve encountered, involving PayPal Credit and murky discrepancies in my credit report. Let’s get into the details.

In the fall of 2019, during an innocuous bank account switch, I encountered an unexpected twist with my financial life. Following the transfer, there was a fault in the automatic debit process from my new bank account reserved for my PayPal bill payments. It wasn’t until December 23rd, 2019, that I realized what had gone awry. A missed payment was noted as a default on my PayPal credit account. Immediately, I rectified the situation with a prompt call to PayPal. An agent there processed my payment of £275 and informed me that a sum of approximately £360 would be required by January 28th, 2020, to make up for the delay and the accrued interest. The payment was duly made, and everything seemed to be in order since.

Since this misstep, I’ve been vigilant about ensuring all bills are paid on time. In fact, PayPal showed admirable trust by extending offers for credit card promotions and enticing 0% interest on new purchases. However, the recent arrival of a notification from ClearScore regarding my latest credit report threw me into confusion. While I’m a staunch supporter of Experian for my credit score references, I couldn’t help but take a peek at what ClearScore revealed. It startled me to learn that an account linked to my PayPal Credit was reported as being in default as of January 2020. This, despite the punctual payments I’ve maintained following this incident, and the availability of a healthy credit limit of nearly £1,000, evidence of my ongoing commitment to timely payments.

The mystery deepens:

– How can my PayPal account display a default status when my subsequent payments have been made in a timely manner?
– Why hasn’t the corrective measures PayPal took to rectify the initial mistake, been properly reflected by ClearScore?
– What steps should be taken to align the credit report with the accurate financial narrative I maintain?

If you’ve tangled with similar issues or know someone who has, your insights could be invaluable to me. Sincere thanks in advance for sharing your experience or offering advice to unravel this thicket of a problem, ensuring that my credit report paints an accurate picture of my financial responsibility.

Best,
[Your Name]

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En espérant que cela puisse apporter des éclaircissements ou au moins susciter des discussions. Si vous pouvez aider à dénouer ce nœud ou avez vécu une situation similaire, n’hésitez pas à commenter ci-dessous. Partagez vos expériences, conseils et solutions pour d’autres qui pourraient être confrontés à un problème semblable.

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Ce billet de blog vise à lumière un cas de figure où des erreurs sur une liste de crédit peuvent survenir, mais aussi à souligner l’importance de la communication claire entre les institutions financières et leurs clients.