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Reply To: Loan Repayments

Home Messageboards Benefits & Financial Support Loan Repayments Reply To: Loan Repayments

#151034
Annie ThorpeAnnie Thorpe
Keymaster

It’s now happened! You can get up to a three-month payment holiday for your car finance. You’ll need to speak to your provider though – don’t just stop making payments, as that’ll affect your credit score.

If you think you only need a month or two months’ break, go for that – because extending your finance can cost you more in the long term, so the shorter a holiday you can take, the better.