Credit Card Issues with Credit Reference Agencys

NoOneReally

I have 3 credit cards (2 Visa and 1 Mastercard), I pay them in full each and every month, but I use them all up to the limit most months as well.

I looked at my credit report and it now shows your credit limit and balance, but the way it looks it makes out that I am at my Limit each month (Which I am) but does not show payments and looks like I don't pay off in full (Or indeed anything at all !), does this look bad for any lender searching my file for credit in the future.

It looks like.......

SEPT AUG JULY
LIMIT £1500 LIMIT £1500 LIMIT £1500
BAL £1400 BAL £1450 BAL £1400

PNPSUKNET

it normaly says payment amount

never-in-doubt

NoOneReally wrote: »

I have 3 credit cards (2 Visa and 1 Mastercard), I pay them in full each and every month, but I use them all up to the limit most months as well.

I looked at my credit report and it now shows your credit limit and balance, but the way it looks it makes out that I am at my Limit each month (Which I am) but does not show payments and looks like I don't pay off in full (Or indeed anything at all !), does this look bad for any lender searching my file for credit in the future.

It looks like.......

SEPT AUG JULY
LIMIT £1500 LIMIT £1500 LIMIT £1500
BAL £1400 BAL £1450 BAL £1400

Well then look at the date of update by that lender (i.e. last updated on: XX/XX/2009) and make sure the balance is at £0 on this date! Thats how to keep it at £0 all the time.

So in your example:


SEPT AUG JULY
LIMIT £1500 LIMIT £1500 LIMIT £1500
BAL £1400 BAL £1450 BAL £1400

Assume it gets updated on 2nd of month, pay the balance so its at £0 on 2nd then it'll look like this:


SEPT AUG JULY
LIMIT £1500 LIMIT £1500 LIMIT £1500
BAL £0 BAL £0 BAL £0