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Overdrafts After Bankruptcy
laurah159
Posts: 42 Forumite
Hello
I have been discharged from bankruptcy for just over one year and I have been approved for an overdraft by my bank. Will using the overdraft (and paying back in full) each month help to improve my credit rating?
Many thanks!:)
I have been discharged from bankruptcy for just over one year and I have been approved for an overdraft by my bank. Will using the overdraft (and paying back in full) each month help to improve my credit rating?
Many thanks!:)
0
Comments
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That doesn't show up on credit reference agencies at all, so the only help it would give you is with that particular bank as you demonstrate good money management to them"Our prime purpose in this life is to help others. And if you can't help them, at least don't hurt them." Dalai Lama0
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That's disappointing... I bank with Santander (not the most sympathetic when dealing with discharged bankrupts). I suppose it's some sort of a start!
Thanks Pippa!0
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