Arrangement to Pay, Worse than Default??

stu2500stu2500 Forumite
177 Posts
Tenth Anniversary 100 Posts Combo Breaker
I have an account from 2009 on my credit file with an Arrangement to Pay warning. Is this worse than a default? Or just as bad?


  • TixyTixy Forumite
    31.5K Posts
    Some lenders would probably consider it as bas as a default. Others probably not quite so bad. Its not worse than a default, as its a marker to show that you had a short term problem which you addressed and came to an agreement with your lender.

    The old it gets the less of an impact it should have.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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