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  • FIRST POST
    • bazza_white
    • By bazza_white 8th Jan 18, 6:40 PM
    • 3Posts
    • 1Thanks
    bazza_white
    cancel credit cards now or later
    • #1
    • 8th Jan 18, 6:40 PM
    cancel credit cards now or later 8th Jan 18 at 6:40 PM
    I have a DIP but been meaning to cancel my Barclays credit card for a while. i have 2 cards both 0 balance but

    barclays £5600 limit
    Natwest £7900 Limit (reducing to 5k ish)

    i know some lenders get a bit frisky about amount of credit so should i cancel the Barclays now or leave along until after mortgage sorted.

Page 1
    • zx81
    • By zx81 8th Jan 18, 6:45 PM
    • 14,889 Posts
    • 15,710 Thanks
    zx81
    • #2
    • 8th Jan 18, 6:45 PM
    • #2
    • 8th Jan 18, 6:45 PM
    I wouldn't go making any credit changes until you have your mortgage, especially as you don't have particularly high limits and are not carrying any debt.

    It's also wise to have at least one back up card, so consider applying for another before you cancel the Barclaycard.
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