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New to credit cards
Shiplee15
Posts: 12 Forumite
in Credit cards
Hi everyone.
Forgive my naivety perhaps here but I'm a bit confused. I've just got a credit card to help boost my credit score which I've put a couple of small purchases on I can pay off no problem.
The question I have is if I buy something bigger and I can't pay this off immediately but rather over a couple of months, will it affect me badly if I pay it in 3 instalments rather than one?
Thanks
Forgive my naivety perhaps here but I'm a bit confused. I've just got a credit card to help boost my credit score which I've put a couple of small purchases on I can pay off no problem.
The question I have is if I buy something bigger and I can't pay this off immediately but rather over a couple of months, will it affect me badly if I pay it in 3 instalments rather than one?
Thanks
0
Comments
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that shouldn't affect your credit worthiness, as long as you are always making the minimum payments..
but perhaps you can get a 0% Purchases card and avoid paying interest in the process too?0 -
They want you to pay it off overtime, that is how they make money.0
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It looks better if you pay MORE than the min. monthly payment.0
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