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Advice needed on whether Card app will boost or not?
1goal
Posts: 7 Forumite
So I had a credit card and the customer service was shocking, had nothing but trouble with them so I closed the account down. My credit limit was good, and I had a zero balance so had a low utilisation score.
Before I closed it , I got a DIP from a mortgage lender. The hunt has been put on hold as the property got pulled and will soon be switching the application over the new place, before going through the final checks. Lets say thats a month from now.
My available credit, after closing the card is probably nil (apart from mobile phone contracts and Broadband etc) so should I apply for a new card now, and will the boost or worsen my 'score'/chances?
Before I closed it , I got a DIP from a mortgage lender. The hunt has been put on hold as the property got pulled and will soon be switching the application over the new place, before going through the final checks. Lets say thats a month from now.
My available credit, after closing the card is probably nil (apart from mobile phone contracts and Broadband etc) so should I apply for a new card now, and will the boost or worsen my 'score'/chances?
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Comments
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I would not apply for any new credit accounts if you are planning to apply for a mortgage in the next few months.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
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