Will negotiating phone bill ruin credit?

sillystudent_2

Ok I'm a uni student and got a contract phone with Vodafone a couple of months ago - stupidly I only went for a 70-minute a month plan because it looked cheap at only £20pm :mad: Unfortunately I've made about 700 minutes of calls this month (to family and friends since I'm at university) and didn't realise that any unauthorised minutes are charged at a whopping 60p a minute :eek:

So basically next month I will have to pay a direct debit phone bill of around £400 :eek: which I essentially can't afford. I've upgraded to a much better price plan (600 minutes for only £30pm, how could I have been so silly ) but I still have this bill to pay.

Now my plan is to ring up Vodafone and negotiate a payment plan, say an extra £50 a month on top of my bill until the outstanding balance is paid, but my question is will such an arrangement appear on my credit file? Having worked for a couple of years or so before uni, I have two or three credit cards/credit accounts, all with an impeccable record - I've literally never missed a single payment since I became 18, and as such have excellent credit.
The last thing I want to do, then, is wreck it by Vodafone putting arrears on my credit file and making it difficult to get a mortgage in the future (especially in this economic climate!) - I'd probably rather borrow the money off family, which is far from desirable but better than having 2 years of on-time payments completely wrecked.

Thanks for the help

Sharon87

Hmm, I'm not sure to be honest, other people may know. But if it's like utility bills I'm guessing it wont put a mark on your credit file, as long as you make the payments on time.

The best thing will probably to ask Vodaphone themselves.

bringmeshoes

i work for a mobile phone company and unfortunatley this will go on your credit file as you are still late in making the payment even if you have an arrangement