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Advice Please
Comments
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Blue_Bells wrote: »The overdraft with my bank is there but i dont use it, perhaps dipping into it then my salary clears it and hey presto back in credit.
If you dip into it, then you are using it. Depending on the report date then it will show on your credit record.0 -
I use my overdraft occasionally as well due to the way I'm paid and it has never shown up on any of the three credit rating checks I've used.
Bank with HSBC and have a £1500 overdraft limit. I use no more than £500 every few months and often for no more than a couple of days.0 -
Thrugelmir wrote: »If you dip into it, then you are using it. Depending on the report date then it will show on your credit record.
So long as the overdraft is authorised and is repaid, using the facility can only help.0 -
Any idea why you're being address-checked by a debt collection agency?Blue_Bells wrote: »ahhh, its actually lowell portfolio 1 ltd that the searcher , my mistakeI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
I think it may relate to a past CC debt that my ex husband had, it was linked to me also.
Will that effect my mortgage application?0 -
That would depend on its visibility to a lender.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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