Lenders offering the cheapest cost usually are not keen in order to deal with apps regarding consumers that have missed repayments, even though some lenders be a little more easy than the others.
A survey regarding 3,016 British people, commissioned of the Money and Pensions Solution (MaPS), implies that a 3rd of men and women (30%) overlooked one or more payment in 2023. Ones, 14% said it was the first seasons it got previously happened.
The bucks and you will Retirement benefits Services analysis means that charge card repayments was the most popular sort of one ran unpaid (11%), accompanied by tools (10%), Council Taxation or cost (10%) and you may bank overdrafts otherwise loans (8%).
Read moreHow can overlooked credit card otherwise loan money apply at their mortgage?