RBS Credit Check For Lowering O/Draft?

BugsyBrowne

Lith wrote: »

And that's why i never have an 'OD' or ever use a 'credit card'

even tho i have a credit card... never use it (no matter how desperate i get)



sometimes i wonder why do people even bother to use a CC OR OD

if it will ruin there life in the future... be wise and if you know you can't afford it then why have it ?


people will NEVER learn

What a load of old dribble...

notts_phil

By using good offers on cashback credit cards we splashed on extra treats while on.holiday.

Lith

BugsyBrowne wrote: »

What a load of old dribble...

really? you really think that ?


an OD and a CC is dangerous for people who cannot handle it... this is why problems happen.



but using a cc and od wisely and you will be fine.


simple as that


now stop dribbling over my carpet.

fozmcfc wrote: »

A credit card can offer protection for purchases, that cash/cheque/debit card cannot.

A cashback credit card give you the opportunity to earn money off vouchers. I have spent roughly £4000 on my 15 months at 0% APR on my M&S card paid no interest and now have money off vouchers to spend.

Over the past 3 years, I haven't paid a single penny in interest on credit cards, yet used the benefits of them including other vouchers.

Credit cards can also come with other benefits such as Travel Insurance.

Used wisely a credit card is well worth having and using.

As for an overdraft, you never know when it may come in useful, particularly if it is interest free also. Not everything in life runs smoothly and occasionally it doesn't hurt for people to dip into their overdraft, but it should never be used constantly in the long term.

Exactly

CLAPTON

callum9999 wrote: »

Because you don't want £2000 worth of unwanted debt-potential tied to your name when you apply for credit elsewhere?

Is there any evidence that having an unused 2000 overdraft facility harmful to ones credit potential?

It does of course decrease ones debt to available credit ratio.