Halifax AIP

Teaandtoast0124 · 27 December 2014 at 3:03PM

Hi can someone please help me

I am about to apply for a halifax AIP.

But on my experian file its showing i have a credit card that is maxed out. I have paid this off and waiting for experian to update their records on me.

I understand AIP is a soft search, but does a soft search indiacte how much debt i have on that card. Or is a soft search pull up missed payments etc.

I want to complete this AIP today. Help needed

lee111s · 27 December 2014 at 3:09PM

If that's the case you're best off going into a branch and seeing an advisor for an AIP as you can then take evidence that it has been paid off.

ACG · 27 December 2014 at 3:13PM

Or you could just put on the AIP you have that credit card but it will be paid off before completion.

Teaandtoast0124 · 27 December 2014 at 3:21PM

Will it bring my credit score down (halifax's credit score) having this existing debt. Or by stating the debt will be cleared gives me a better chance?

ACG · 27 December 2014 at 3:31PM

Its going to pick it up at some point or another anyway. An AIP is worthless so dont worry about it.

Teaandtoast0124 · 27 December 2014 at 4:23PM

Thanks for your advice. Appreciate it. I have submitted halifax AIP today stating that the credit card will be cleared before full application. Does anyone no halifax timescale on waiting for decision for AIP?