Stoozing and when to apply for new credit card

Shimmyberry

Hi

I have been stoozing for just over a year and have just come to the end of a 0% promotional rate and paid off the outstanding balance.

So, my current position is I have 1 "in use" credit card which was a 0% balance transfer card with a credit limit of around £9,000 and has a current balance of around £4,500 and I pay off the minimum amount every month. This is the only debt I have.

I paid off my other two credit cards and cancelled them around 2 weeks ago. If I apply for a new 0% purchases credit card now will the credit history check be up to date and therefore show my immediate position, or is the information on the credit history a few weeks out of date?

I have a good income, no mortgage and healthy savings, so know of no other reason that may affect my credit card application.

Thanks in anticipation

MK55

Credit Reference Agencies do tend to run a statement in arrears. I.e. your jan/feb statement will be on your credit report now.

However updating as closed accounts, in my case, has always shown from a few days after the closure letter has been received from the company.

A note, no-one can see or really cares about your savings, so I wouldn't count these into your situation. They simply look at Debt Vs. Income Vs. affordability in most cases.