Business Finance FAQs

Asset Finance Coronavirus FAQ's

Will this affect my credit rating?

No. It has been agreed by the Credit Reference Agencies that during the period of the payment holiday due to the Covid19 outbreak, reporting will be made using the same account status that was provided before the payment holiday started.

Related questions

How we're supporting our customers through Coronavirus disruption Is a Payment Holiday the right thing for me? What is a payment holiday (also known as payment freeze and payment deferral)? Who can request a payment holiday? What will happen to interest / hire charge? When will my payment holiday begin? What effect will delays in the postal system have on my Agreement? What if I need more help?

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