We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Credit Cards
Riverbraid
Posts: 13 Forumite
in Credit cards
Dear Sir/Madam,
I have a question about credit cards.
I have 2 Credit Cards with a £750 Limit on one and the other £500 limit now I pay it in full each month so have good credit file,
Now I like to buy something around £800 to £1000 I can afford to pay about £520 a month but am wondering if I use 2 credit cards to buy this item it take me 2 months to pay off the credit cards would it effect my credit file if I do not pay it all in one month?
Thanks for any help you can give me.
Yours,
Harold
I have a question about credit cards.
I have 2 Credit Cards with a £750 Limit on one and the other £500 limit now I pay it in full each month so have good credit file,
Now I like to buy something around £800 to £1000 I can afford to pay about £520 a month but am wondering if I use 2 credit cards to buy this item it take me 2 months to pay off the credit cards would it effect my credit file if I do not pay it all in one month?
Thanks for any help you can give me.
Yours,
Harold
0
Comments
-
The answer is NO. Just make sure you make the minimum payments on time. Ideally it's better to pay a little more, but £520 will cover this.
"Dear Sir/Madam" is good for a formal letter, not for an open forum.0 -
Ok thanks very much0
-
Yes the answer is No and thanks for this information.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards