We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Arrangement To Pay - Overdraft
Hi, need some advice please.
I have a 2k overdraft which is up for renewal in July, I have a suspision that they will reduce this to 1k as my wifes salary is not going in anymore.
If it does go down and cant pay the 1k off straight away to bring it in line I am told that their would be an option to make an Arangement to pay - which would be noted on my file
Can anyone tell me how this would affect your credit score ? is it really bad.
Think the only reason it would be reduced would be due to only funding account with 1500 as opposed to 2000 a month.
Any views or experiances?
Thks
I have a 2k overdraft which is up for renewal in July, I have a suspision that they will reduce this to 1k as my wifes salary is not going in anymore.
If it does go down and cant pay the 1k off straight away to bring it in line I am told that their would be an option to make an Arangement to pay - which would be noted on my file
Can anyone tell me how this would affect your credit score ? is it really bad.
Think the only reason it would be reduced would be due to only funding account with 1500 as opposed to 2000 a month.
Any views or experiances?
Thks
Dmp Mutual Support thread member No 82
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards