M
Marty
Guest
I am about to lose my job and I am considering reducing my repayments on a personal loan to the bank. My bank says that if I do, it will effect my credit rating. However, I have no choice as I cannot afford it (even if they spread out the loan term)
If my rating goes down, can I build it up again when I get a new job and can afford repayments. How serious is a credit rating.
Thanks for any advice
If my rating goes down, can I build it up again when I get a new job and can afford repayments. How serious is a credit rating.
Thanks for any advice