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mortgage payment holiday

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  • iluvpink1
    iluvpink1 Posts: 27 Forumite
    Thrugelmir wrote: »
    By taking a payment holiday your mortgage will be marked as in arrears on your credit file. So a more severe impact than being allowed additional borrowing.
    I checked this out with my advisor and that would not be the case as it is an agreed arrangement that does not affect your credit score
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