Payment holiday, credit rating

H

Her husband

Guest
Ive been into the bank to ask about a payment holiday on my mortgage, at the moment about 65% of my wages goes out as soon as it comes in to pay off the mortgage and other bank loans, im getting by ok, just about, but a break in the mortgage, whether it be 3 months or 6 would clear up alot of problems, they have ruled out just giving me a break and have now started looking at my account/credit card/loan statements.

If I do get the ok and they let me off for a few months, said I may have to pay interest only or 50% of the normal payment each month, will it affect my credit rating in the future

Cheers
 
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