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79% used credit

Checked my report again today and my % used credit is still 79%. How bad would this look to lenders?

Comments

  • The_Boss
    The_Boss Posts: 5,863 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Depends who the lender is, your credit limits and salary but generally would be looked at negatively.
  • Cycrow
    Cycrow Posts: 2,639 Forumite
    if you only had small limits, (and therefore small amount of debt) then it might not look as bad.

    but it would depend on what you plan to borrow and from who
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