We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
simple question re paying off CC
brettcta
Posts: 4,693 Forumite
in Credit cards
apologies in advance if this comes across as a stupid question but i'm thinking of applying for a sub-prime card in order to try and build my credit file up. i applied around 6 months ago for a clear card through the co-op to do this and was turned down as they felt i was financially overburdened, which is fair enough - i was at the time but have paid off significant amounts of money i owe. the reason i was going for a sub-prime was because the bar is lower and i will be paying it off in full every month, so avoiding the high interest rates
now, if i was to say just set up a monthly subscription for an item i buy anyway from amazon for around a fiver a month and set up a DD to pay it off in full, would that have the same effect as if i was spending say £200 a month and paying it off?
now, if i was to say just set up a monthly subscription for an item i buy anyway from amazon for around a fiver a month and set up a DD to pay it off in full, would that have the same effect as if i was spending say £200 a month and paying it off?
helpful tips
it's spelt d-e-f-i-n-i-t-e-l-y
there - 'in or at that place'
their - 'owned by them'
they're - 'they are'
it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)
it's spelt d-e-f-i-n-i-t-e-l-y
there - 'in or at that place'
their - 'owned by them'
they're - 'they are'
it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)
0
Comments
-
Yes, it would.0
-
that'll do, tahelpful tips
it's spelt d-e-f-i-n-i-t-e-l-y
there - 'in or at that place'
their - 'owned by them'
they're - 'they are'
it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 348.6K Banking & Borrowing
- 252.2K Reduce Debt & Boost Income
- 452.5K Spending & Discounts
- 241.3K Work, Benefits & Business
- 617.8K Mortgages, Homes & Bills
- 175.8K Life & Family
- 254.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards