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Overdraft
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MasterPoo
Posts: 787 Forumite
Hello Everyone,
I was wondering does dipping into ones overdraft monthly/occassoionally have an negative impact on my credit rating/score, e.g. I tend to dip into my overdraft usually the day before payday due to impulse buy/ not really needing too?
Many thanks.
MasterPoo
I was wondering does dipping into ones overdraft monthly/occassoionally have an negative impact on my credit rating/score, e.g. I tend to dip into my overdraft usually the day before payday due to impulse buy/ not really needing too?
Many thanks.
MasterPoo
0
Comments
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If it's an agreed overdraft then it wont. That's what it's there for. As long as you're not in it all month then you'll be OK.Getting married 02.08.14
Wins for the wedding: membership for a 'wedsite' and app, £35 gift voucher for party supplies shop, £50 worth of hand painted signs, 1kg of heart shaped marshmallows :money:0 -
Hi,
As long as you don't exceed it and continue to service it (clear it monthly), it should be fine.If you've nothing decent to say, perhaps you shouldn't say anything.
£2 savings jar £300:D
Total credit card debts £1250:mad::mad::mad::mad::mad: - Will I ever learn!!0 -
Great, THANK YOU!!! (and Yes its an agreed overdraft which I only ever use about £50),once again, THANkYOU0
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I love your user name0
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