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multiple bank accounts & CCs - credit rating
nuks
Posts: 17 Forumite
I currently have three current accounts (two of them with overdraft facility) and 4 credit cards. Does this - having so many accounts and credit cards - have an adverse effect on my credit rating? Should I be looking at closing some of them e.g. unused credit cards and/or one of the bank accounts?
Not sure if it matters but otherwise my credit history is all 'in green' and I have a low debt level (about £800 on a 0% credit card which I plan to pay off in the next 2-3 months).
Many thanks!
Not sure if it matters but otherwise my credit history is all 'in green' and I have a low debt level (about £800 on a 0% credit card which I plan to pay off in the next 2-3 months).
Many thanks!
0
Comments
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We don't know the answer as we do not know your credit limits or salary.
If you had combined limits of £10k and a salary of £15k then the answer is different to if you had limits of £10k and salary of £40k. Or limitsnof £20k and salary of £80k etc.0
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