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Credit Rating Question
boopydoo
Posts: 184 Forumite
Hi there
I applied for a Vanquis Visa Card and got accepted. What I want to know is- is it actually possible to rebuild your credit score or is that just an advertising ploy? My credit rating is bad due to some late payments and going over my overdraft a few times but is it actually possible to rebuild it?
I applied for a Vanquis Visa Card and got accepted. What I want to know is- is it actually possible to rebuild your credit score or is that just an advertising ploy? My credit rating is bad due to some late payments and going over my overdraft a few times but is it actually possible to rebuild it?
0
Comments
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You need to make some small payments with the card and then pay them off. It is essential that you set up a DD to pay off the minimum each month, so you get no late payments and that you have the funds to cover the dd.
otherwise you will just make it worse.
CC companies are not very keen on people who pay off everything every month, so occasionally buy something just over the minimum and do not pay it off in full, but clear it the next month.If you've have not made a mistake, you've made nothing0
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