Should i close some accounts?

hsnyldz

Hi all,

This is my first post here and probably wont be the last however i just wanted some advice on what to do, had a very poor credit rating, slightly improved it last year. On the electoral roll for around 5 months. managed to get finance on a vehicle thinking this may help it improve even more. Been 10 months since ive taken this out, never a late payment all in order. In this timeframe also managed to get a capital one credit card. Started with 500 limit again continued to use, currently 1000 which increased 2 months ago. Had a Barclaycard credit card for about 5 years or so (400 limit) never really used much, that also increased to 1000 last month. Current credit card utility is around 70%-80% will try and reduce that as im aware that plays a role. Again all minumum payments are made each month plus more.

in order to help some more ive had littlewoods account for a year plus to help started with 400 limit currently 1200, has nothing outstanding, only used for 3 large purchases. May potentially close?

Considering all these factors which i believed were good, my score has actually taken a dip when it was increasing very slowly, to where i was around a year and a half ago should i be worried? Should i close my littlewoods account? And aim to close my capital one account completely too and just continue to work my barclaycard?

just to note i have a old ccj from 4 years ago (2012) which obviously plays a large role for £930. its all been satisfied and no other defaults or outstanding bad debt.

Thanks in advance.

[Deleted User]

Your limits are low. so I would keep the cards open and use them regularly. But you could lose the Littlewoods accounts - no point in paying high catalogue prices.

Ignore your score - it bears no resemblance to how lenders, or anyone else, will see you. Just operate you accounts according to terms and once your debt is cleared, continue to clear in full each month.