Thankfully, you don’t have to worry about council tax arrears affecting your credit score at all. Local councils don’t report any data to credit reference agencies. However, not paying your council tax will ultimately lead to fines and court action.
No, whether you pay your council tax late or on time, it won’t appear on your credit report.
No. There’s no way of lenders knowing that you’re in council tax arrears. Even if the debt is referred to court, this would be dealt with by the magistrates’ court, because non-payment of tax is regarded as a criminal matter, not a civil matter.
No fines imposed by a magistrates’ court appear on your credit report. They’ll impact your chances of getting a loan indirectly – by reducing your overall wealth.
Following confusion with his tenancy agreement, John discovered that he owed almost a year’s worth of council tax.
He thought it couldn’t have been worse timing, as he was just about to apply for a mortgage.
Luckily, after some research he realised that council tax arrears have no impact on his credit score, and he still had enough savings to fund a mortgage deposit.
* This is a fictional, but realistic, example.
It’s important to pay your council tax on time, or you might suffer fines for late payment. Missing council tax payments won’t impact your credit score though.
Using some buy now, pay later brands can affect your credit score – while using others won’t. We list all the major players and what they do.
Considering investing in crypto and worried that it could affect your credit score? In this guide we cover all your burning questions.
Buy now, pay later provider, Klarna, is set to share UK customers’ spending habits with credit reference agencies from 1 June 2022.
Credit reference agencies have announced that buy now, pay later debt will start showing on credit reports from spring 2022. Here’s what you need to know.
Find out the difference between a credit score and a credit report, plus the factors that can push your score up and down.
The best methods for getting your credit rating in top shape, and boosting your credit score.
As the name suggests, Student Credit Checker is a credit report provider for students looking to get on top of their credit score.
UK Credit Ratings offers a credit report subscription service designed to help you improve your credit rating.
MoneySuperMarket’s Credit Monitor service offers free credit reports and credit scores, along with personalised tips.