Never had any debt-will i be disfavoured?

[Deleted User]

blogs wrote: »

You say you've never had any debt - have you had any credit accounts, such as a mobile phone contract or similar?

Spam click for you my friend and your post building ways. It's clever though, copying someone else's post rather than writing the normal gibberish you boys go for.

popadom

Allan_r_123 wrote: »

Is there a reason you need a student overdraft now then if you have managed on saving before? Is it for a particular purchase - if so, do you really need it? Or is it for a safeguard for monthly expenses?

It would be interesting to find out why you need the overdraft and we could maybe make some alternate suggestions - but would recommend maybe even getting some form of credit to build your score such as an affordable mobile contract.

Its just a safe guard. I dont want the £3000 a year overdraft. I think £500 would be max .Sort of absoulte emergency

T.Howard

popadom wrote: »

Hi,

Looking at student loan accounts, and more importantly, overdrafts. Ive never had any debt, so not sure if i would have a credit rating. Would this affect the amount i could get a loan on?

Also, how long after do you have to pay a student overdraft back? each year or after three? -I know this question may need to be put in the "student money" section.

Thanks

It is crazy the way someone who is constantly in debt gets a good credit score and someone responsible who never borrows has a weak one.

[Deleted User]

T.Howard wrote: »

It is crazy the way someone who is constantly in debt gets a good credit score and someone responsible who never borrows has a weak one.

Not really. I've never done any open heart surgery, but I think it's fair that they don't just let me loose on cutting people open.

I think they'd prefer I have a bit of practice first.