Quick and Easy - Having 4 current accounts

dazanteney4

Hello everyone,

A hopefully nice quick and easy question.

I have 4 current accounts mainly because they offer 3-5% on balances. Will this have a negative effect on my credit score? All my current accounts are in credit.

Thanks

Darren

Candyapple

There is no such thing as a credit score, it's just a made up figure.

Your current accounts should show on your credit reference files but them being in credit makes no difference as this information is not shown, just a bunch of green zeros or if you have an overdraft, how much you owe/your limit is.

So to answer your question, no it shouldn't affect your file negatively.

dazanteney4

Candyapple wrote: »

There is no such thing as a credit score, it's just a made up figure.

Your current accounts should show on your credit reference files but them being in credit makes no difference as this information is not shown, just a bunch of green zeros or if you have an overdraft, how much you owe/your limit is.

So to answer your question, no it shouldn't affect your file negatively.

Thanks CandyApple!