Will my instalment account show on my credit file?

Yes. Once we've set up an instalment account, we'll let the credit reference agencies know. We'll also give them details of your new monthly payment amount and start date, which we’ll amend each time you take out a new instalment plan.

Your credit file will always show your credit limit, monthly payment amount and remaining balance, and this information will be visible to other lenders if you apply for finance elsewhere.