What happens if I can’t keep up with the payments agreed?
If you struggle to make payments, contact us. We can help you explore alternative solutions that might better suit your situation.
Will a Repayment Arrangement affect my credit rating?
If you pay less than the original agreed amount, creditors may report this on your credit file for up to six years. You can ask your creditors how they will record it.
How long does a Repayment Arrangement last?
It depends on how much you owe and your monthly payments. It will continue until all debts are paid off, which may take months or years.