If you are on a repayment plan that clears all your missed payments, this is what you need to know:
How will the repayment plan affect my credit file?
We will tell the credit reference agencies that you are on a repayment plan for the whole time it is running. This can make it harder for you to get credit in the future.
What happens when the plan ends?
When the plan finishes, you will go back to making your normal payments.
Will interest and charges continue during the plan?
No. We will stop all interest and charges while the plan is in place.
Can I keep using my card?
No. You cannot use your card while the plan is active.
What if I can’t afford the payments after the plan ends?
If you think you will struggle to make payments once the plan ends, contact us so we can help.