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Creations Finance
frugaller
Posts: 69 Forumite
Hi
I have an agreement with Creations Finance, it is currently on freeze for 6 months. However my credit report is showing as payments made on time (I’ve not paid for 3 months).
Does this mean they are not going to default me?
Are Creations known for this? I thought I was better off if they default me?
TIA
Frugaller
I have an agreement with Creations Finance, it is currently on freeze for 6 months. However my credit report is showing as payments made on time (I’ve not paid for 3 months).
Does this mean they are not going to default me?
Are Creations known for this? I thought I was better off if they default me?
TIA
Frugaller
0
Comments
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If you have come to a temporary payment arrangement with your creditor, then the account should be marked as 'AP' on your credit file. Once you are 3-6 months in arrears of your original credit agreement, then the guidance states that the account should be defaulted.I work within the voluntary sector, supporting vulnerable people to rebuild their lives.
I love my job
0 -
No, it’s showing as payments up to date. New Day are showing two months behind, which is what I expected...0
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