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Arrears level

Debt, arrears & collections
A measure of how far behind you are on payments.

Overview

Levels are often shown as stages on credit reports.

Higher levels indicate more serious payment issues.

Why it matters

  • It impacts credit scoring and lender decisions.
  • It can affect access to new credit.
  • It shows how urgent repayment is.

FAQs

Is a higher arrears level worse?

Yes. It signals greater risk to lenders.

Can an arrears level go down?

Yes, as you catch up and bring the account current.

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