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Stoozing Question
Pinki2k
Posts: 2 Newbie
in Credit cards
Hi,
I'm after a bit of advice. I've been looking into stoozing as a way of making some extra money for a rainy day. I've applied for and got an egg card, and am just planning to start off with this card, until I know that I can trust myself to be disciplined enough to keep up with re-payments and getting new cards.
However, sometime within the next twelve months I am planning to buy a house. I am a first time buyer and don't want my stoozing activities to have an impact upon the size of mortgage I will get. I am already most of the way towards having a 10% deposit for a house. Does anyone know if it would be wiser to suspend my activities until after I have a house?
Thanks in advance for any help
I'm after a bit of advice. I've been looking into stoozing as a way of making some extra money for a rainy day. I've applied for and got an egg card, and am just planning to start off with this card, until I know that I can trust myself to be disciplined enough to keep up with re-payments and getting new cards.
However, sometime within the next twelve months I am planning to buy a house. I am a first time buyer and don't want my stoozing activities to have an impact upon the size of mortgage I will get. I am already most of the way towards having a 10% deposit for a house. Does anyone know if it would be wiser to suspend my activities until after I have a house?
Thanks in advance for any help
0
Comments
-
Thanks Al,
I'll start straight away!
:j0 -
Agreed and with Egg you can transfer your whole credit limit to your current account then on to a savings account.(I'm with ING AT 5%). I would imagine clearing off your credit card debt at the end of 0% offer might even help in your request for a mortgage (just my thoughts - capable of re-paying debt)
John0
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