Will my credit rating be affected if I go on a Finance Management Plan?
When you enter into a Finance Management Plan you are breaking the terms of your original credit agreements and this will be noted on your credit file, however if you have missed or made late payments to your creditors, then it is likely that your credit rating is already damaged.
This information will be available to any potential lenders and will affect your ability to obtain credit in the future.
Remember though, the fact that you are taking positive steps to clear your debt should help to rebuild your credit rating in the future.
For more information, call us on
0800 16 999 46 or simply fill in the online application form above. Our initial advice is free and completely confidential so why not give us a call today...
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Registered Office: 45 Clarendon Road, Watford WD17 1SZ
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