Martin Lewis provides guidance on mortgage holiday rules causing a ‘mental health crisis’ | Personal Finance | Finance


In response to this, Derek detailed he hadn’t approached any debt counsellors yet out of fear for what it could do to his credit rating.

Martin warned that no matter what is done in this context, credit records will likely be hit.

However, he offered some reassurance: “There is no credit file impact on going to a debt counsellor.

“There may be an impact if they do certain things, such as put you on a debt management plan an IVA or whatever it would be, but there is no impact in just talking to them, and I would certainly suggest you talk to them.”

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