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Interest freezem
AMK15
Posts: 1 Newbie
in Credit cards
Hi
does anyone know if credit score is affected if you ask your c-card company to reduce or freeze interest for a period of time.
does anyone know if credit score is affected if you ask your c-card company to reduce or freeze interest for a period of time.
Thanks
0
Comments
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You'll go into an arrangement, which will be recorded on your files.
It's effectively the same as a default if not very temporary.2 -
Credit score is meaningless anyway, nobody but you sees it. It's never used in any lending decision. The arrangement will have the impact on future lending, not the gimmick score.0
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Are you sure? I know Barclay's letters about persistent debt categorically stated nothing would show on your credit history if you took their offer of reduced interest but freezing spending on the card.Deleted_User said:You'll go into an arrangement, which will be recorded on your files.
It's effectively the same as a default if not very temporary.0
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