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.

Barclaycard arrangement to pay

Hi all,

Please can you tell me if an arrangement to pay barclaycard on my credit file for 5 months will massively effect a mortgage application, the account has now been closed ?

Thank you

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture First Post Name Dropper Photogenic
    As with all things, it depends on the rest of your history. But it's not great.

    The mortgages board may be able to help further.
  • Ok, thank you I will get it touch with them.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Photogenic First Anniversary Name Dropper 10 Posts
    Hi all,

    Please can you tell me if an arrangement to pay barclaycard on my credit file for 5 months will massively effect a mortgage application, the account has now been closed ?

    Thank you

    Most certainly have an impact. Closure of the account doesn't make a difference. The ARP has caused the damage.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 345.7K Banking & Borrowing
  • 251K Reduce Debt & Boost Income
  • 450.9K Spending & Discounts
  • 237.7K Work, Benefits & Business
  • 612.4K Mortgages, Homes & Bills
  • 174.3K Life & Family
  • 250.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.