Credit score %

iceage3

Hello


i am in the middle of closing three accounts but noticed my credit AMOUNT will go from 41% to 46%.

Is this a good idea or do u think i should leave two open .(all 3 are £0)

i am working this out how much credit i receive and how much i have borrowed so far.

Do lenders take this into aCCOUNT.

iceage3

This is done by credit expert on there front page .

And tells u in a % form.

I want to close them down as they are not 0% now.

CannyJock

Credit as % of salary will go from 41% to 46% you mean?

Negligible difference if you ask me.

So long as you keep a card that you can use, wouldn't close all of my cards.

iceage3

hello cannyjock


i can trust on u to help ,i thought this is how much credit i have got and how much i have left nothing to do with salary.
its on the first page of credit report before u go into detail
why i say this has if i close three accounts my rating gos up ie am losing 3000 credit but still hold a lot of credit on others.

CannyJock

Ah, % used of total credit gotcha.

Still negligible difference

I've been between 18% and 84% usage and had applications accepted and rejected at both ends.

Reducing the total amount of credit has saw increased credit limits in new applications.

Wouldn't worry about 41% and 46% usage though.