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I Have a Payment Plan with HMRC. Would This Affect My Credit Rating?

I am currently on a payment plan with HM Revenue & Customs.

Would this affect my credit rating and can you help me get car finance?

Asked by Charlotte

Hi Charlotte, thank you for your question.

As far as i know debts with HMRC aren't recorded on your credit file unless this is a county court judgement you're talking about. Either way we do have lenders that help people with poor credit so i'm confident we can help.

Please make an application and once approved you can choose a car from any dealer and we also provide a no obligation quote. Kind Regards, Rachel

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 16 People

5 Years
Total cost of credit £ XXX.XX
Total repayment £ XX,XX.XX
48 monthly
payments of
£ 245 98

Rates from 6.9% APR: the exact rate you will be offered will be based on your circumstances

Representative example: borrowing £6,500 over 5 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £188.74 per month, with a total cost of credit of £4,824.37 and a total amount payable of £11,324.37

Rates may differ as they are dependent on individual circumstances. Subject to status.

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