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Loan Repayment Holiday Impact
JuanGrimez
Posts: 1 Newbie
Afternoon All
Can anyone help advise whether a 3 month repayment holiday would have an adverse affect on my credit score?
I have seen that those who take a similar repayment break on their mortgages are unaffected, but I can't find any info on loans?
Thanks
John
Can anyone help advise whether a 3 month repayment holiday would have an adverse affect on my credit score?
I have seen that those who take a similar repayment break on their mortgages are unaffected, but I can't find any info on loans?
Thanks
John
0
Comments
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Ask the lender.0
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It is possible it will affect your credit score depending on the loan terms and whether they report the missed payments to the credit agencies.
0
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