We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Frequency of Applications
HappySnapper_3
Posts: 2 Newbie
in Credit cards
Hi All
I would like to take out a loan to pay off my overdraft, but also do a balance transfer on my credit card.
Also, some of the other options recommended here look worth investigating.
I understand that I shouldn't make too many applications at once, and that they should be spaced out - but how far should I space them out?
Or does it depend on my credit rating?
Sorry if this is a stupid question!
Alan
I would like to take out a loan to pay off my overdraft, but also do a balance transfer on my credit card.
Also, some of the other options recommended here look worth investigating.
I understand that I shouldn't make too many applications at once, and that they should be spaced out - but how far should I space them out?
Or does it depend on my credit rating?
Sorry if this is a stupid question!
Alan
0
Comments
-
You should do a maxiumum of 3 within 3 - 6 months or 1 a month for 10 monthsBank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards