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Arrangement to Pay
dunclane
Posts: 145 Forumite
Does anyone know how much an Arrangement to Pay affects your credit score? If I could settle it would it improve dramatically?
Thanks
Thanks
0
Comments
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well it's better than a Default or say 4/5/6 showing up on your credit report. It shows that you are paying less than the agreed amount each month on loan, cc etc.
Don't know how bad it affects the score though. I have most of my creditors as that even though I'm paying over the min on most.
It looks good on my report lol0
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