Does the Points Promise affect the amount that is reported to the credit reference agencies?

No. Payment for your Points Promise is deducted from the available balance in your LOQBOX Save. At that point, your savings have already cleared a portion of your outstanding loan balance. This means there is no change to the amounts reported to the CRAs.

This applies to Classic members only. If you are a Premium, Plus or Standard member, you can find more information here.

Not sure if you’re a Plus, Premium, Standard or Classic member? Here’s how to find out.