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Not sure if this question has been asked before

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.....But does a HSBC Managed Loan affect my credit file in a bad way? For example does it report to my credit file will Arrangement to pay or a default or anything?

Will it show on my credit file as a new loan with loads of 1's when I pay?

HSBC have told me that once the loan has finished, I can wait 12 months and then re apply for lending again so I am assuming the managed loan should not affect any existing relationships I have with creditors or any new relationships I get in the next 6 years?

TIA
'Sometimes you just need to keep your mouth shut'
:j
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