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Credit rating advise

murphyja
murphyja Posts: 5 Forumite
in Credit file & ratings
My Girlfriend and I will have saved enough money for a deposit come May and also be debt free.

My girlfriend has no credit history apart from a phone contract which is now 4 months old.

We/she is considering applying for a credit card to spend about £10 each month on and pay off of to build a record. However we have also read that opening a new credit account so close to applying for a mortgage can badly effect your chances??

Any Advice gratefully received.

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    I don't think it would affect her ability to get a mortgage.

    But I also doubt it will make much of a difference in terms of building up a credit history by then. If she applies now by May it would probably show 2 months payments.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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