APR temporarily dropped to help me maintain payments, will it effect credt rating?

YorkshireBoy

Arrangement: The lender has agreed to vary your payments for a time.

http://experian.metafaq.com/resources/experian/Downloads/credit_report_explained_Aug09V4.pdf (page 13)


See also page 18 (half way down), for advice on what you can do if they have marked your file.

chattychappy

YorkshireBoy wrote: »

The 'arrangement' has been running for 4 months now (see post #6). Ample time?

Oh yeah... should be long enough.

TFD_2

welshladinthecity wrote: »

Firstly for those judging me for spending. Let me assure you I haven't bought any new clothes/shoes, etc in several months. I caved in on Friday because my work shoes are leaking (i.e my feet get wet when it rains) and they were looking a bit shoddy, so I got a cheap paid for £20 ( hardly Gucci!) rather than look like a tramp and walk around with wet feet.

If you weren't expecting self righteous judgemental t*sseres, then you posted on the wrong forum... you don't need to justify buying a pair of shoes - it's irrelevant to the original post.

CLAPTON

TFD wrote: »

If you weren't expecting self righteous judgemental t*sseres, then you posted on the wrong forum... you don't need to justify buying a pair of shoes - it's irrelevant to the original post.

you should put away your naive prejudices.

if you can't see the blindingly obvious disadvantages of the OH behaviour (to hiimself) then you really shouldn't post.