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  • FIRST POST
    • billymadbiker
    • By billymadbiker 6th Oct 17, 2:13 PM
    • 206Posts
    • 28Thanks
    billymadbiker
    Do I need to use my Credit Cards more?
    • #1
    • 6th Oct 17, 2:13 PM
    Do I need to use my Credit Cards more? 6th Oct 17 at 2:13 PM
    Hi,
    Thinking of applying for a mortgage in the next couple of years.

    My credit file shows 4 x credit accounts,
    My bank account, A cc with the same bank, a barcaly card cc and my mobile phone contract.

    They all show as £0 balance, full set of green markers for the last 6yrs+
    (The bank CC shows as a -£1 as the card is in 'credit' I presume this is not a problem?)

    I hardly ever use the cards (Limits of £2k and £12k) and never use the O/D (£1.5k) on the bank account.

    Phone bill is around £35 p/m, all payments made on time.

    Do I need to do anything else to help my chances?
    Should I start using the cards for fuel or something and pay off in full each month?
    Will I get extra points for this or would I be better off closing them or lowering the credit limits on them?

    Thanks!
Page 1
    • zx81
    • By zx81 6th Oct 17, 2:15 PM
    • 13,683 Posts
    • 14,148 Thanks
    zx81
    • #2
    • 6th Oct 17, 2:15 PM
    • #2
    • 6th Oct 17, 2:15 PM
    Using your cards, and clearing in full each month, is the easiest and cheapest way of demonstrating solid credit history.
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