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!
Any point in lowering the credit limit?!
Comments
-
OK, but DO NOT pay for the three digit score as it is pretty meaningless and you'll be wasting your money. Just get the report to check all is in order.
A poor payment history will have a detremental effect and lower the chances of a significant improvement in the short term, but lenders like to see trends so his recent payments history may be slightly beneficial to him..........but by how much ?
Sorry i dont really understand your question there :rolleyes:
Credit Cards at 0% £958.00Credit Card at 19.9% £2305.65Total Debt: [strike]£6290.76[/strike] £3263.65DFD: Dec 090 -
Sorry, I confused you a little. It wasn't a Q to you, just that it's unknown by how much positive swing his very recent history would have over his negative past.
It really is an unknown quantity as credit ratings are a mysterious black art.0 -
Ahhh with you now!! Thanks for clearing that up!
thanks xCredit Cards at 0% £958.00Credit Card at 19.9% £2305.65Total Debt: [strike]£6290.76[/strike] £3263.65DFD: Dec 090
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards