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!
If you took a Bounce Back Loan...
mum2six
Posts: 81 Forumite
...is it showing on your credit report?
I took my BBL at the beginning of June, and there’s no sign of it on Credit Karma, Equifax or Experian. It would be amazing if it doesn’t ever show up.
0
Comments
-
The soft credit search by HSBC showed up end of May.0
-
BBLs are not credit scored. (Although feeder accounts can be if you are using one of those)I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
-
If you are sole trader, I would expect it to show on personal credit reports after a few months.
Not if you are Ltd Co.0 -
Sole trader and nothing showing yet, part of the terms did say it may effect my credit file if I don't pay.
Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
Thanks everyone. Sole trader so will wait and see!0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards