Is paying off your credit card bill bad for your credit rating?

JimmyTheWig

eskbanker wrote: »

That question was and is irrelevant - of course banks and CC companies are out to make profits but that doesn't mean they withdraw cards from less profitable customers, which is what you were trying to claim but have still never substantiated!

I think it is reasonable to assume that banks may withdraw cards from less profitable customers. Didn't Egg do that at one point?

But I think where Anthorn is wrong is in claiming that customers who pay interest are more profitable than those who don't.

JimmyTheWig

Anthorn wrote: »

But here's what Martin says about always repaying in full


http://www.moneysavingexpert.com/loans/credit-rating-credit-score

I win so over and out. Bye-bye

I think that is meant as a demonstration of why a "credit score" is meaningless, rather than anything based on what has really happened.

eskbanker

Anthorn wrote: »

eskbanker wrote: »

I refer you back to post #25 above where that facile viewpoint was put to bed and the dialogue moved back onto relevant matters.

It was not put to bed at all. Post 25 was referring to a completely different thread.

So therefore lenders are not in it for the profit and they lend out of the goodness of their heart. Yes or no?

As I said, post 25 answers this:

eskbanker wrote: »

That question was and is irrelevant - of course banks and CC companies are out to make profits but that doesn't mean they withdraw cards from less profitable customers, which is what you were trying to claim but have still never substantiated!

Anthorn wrote: »

eskbanker wrote: »

So do you have any evidence to support your claim that "you'll find that those who pay off their balace in full every month have their cards taken away or have their APR increased", yes or no?

Where did I say that in this thread? Link to it.

You copied and pasted something you'd said in that other thread in post #22, so I've reproduced something else you said there as you keep trying to avoid the question, which is pertinent to this thread.

So do you have any evidence to support your claim that "you'll find that those who pay off their balace in full every month have their cards taken away or have their APR increased", yes or no?

Are you related to Michael Howard by any chance?

http://www.bbc.co.uk/news/entertainment-arts-27231922

Anthorn

eskbanker wrote: »

As I said, post 25 answers this:



You copied and pasted something you'd said in that other thread in post #22, so I've reproduced something else you said there as you keep trying to avoid the question, which is pertinent to this thread.

So do you have any evidence to support your claim that "you'll find that those who pay off their balace in full every month have their cards taken away or have their APR increased", yes or no?

Are you related to Michael Howard by any chance?

http://www.bbc.co.uk/news/entertainment-arts-27231922

Post 32 in this thread. I definitely win so I'm definitely over and out. Bye-bye

[Deleted User]

Anthorn wrote: »

I definitely win so I'm definitely over and out. Bye-bye

You seem to say that several times in every thread.

What are the chances of it being true this time?

eskbanker

Anthorn wrote: »

Post 32 in this thread.

....which is similarly just supposition and another question! Granted, JimmyTheWig appears capable of adult behaviour and rational debate and thereby instantly exceeds your credibility by some distance but it still doesn't actually answer the question, which, in case you may perhaps have forgotten it, is:

So do you have any evidence to support your claim that "you'll find that those who pay off their balace in full every month have their cards taken away or have their APR increased", yes or no?

Anthorn

Deleted_User wrote: »

You seem to say that several times in every thread.

What are the chances of it being true this time?

Oh yes, it's true this time

bigadaj

Anthorn wrote: »

Oh yes, it's true this time

Mug punter.

Thanks anyway, for paying for my freebies.

JimmyTheWig

Anthorn wrote: »

Post 32 in this thread. I definitely win so I'm definitely over and out. Bye-bye

Can I draw your attention to the bit on post #32 where I wrote:

JimmyTheWig wrote: »

But I think where Anthorn is wrong is...

?

I fail to see how that says that you win!

Anthorn

JimmyTheWig wrote: »

Can I draw your attention to the bit on post #32 where I wrote:

?

I fail to see how that says that you win!

Here's the full quote

But I think where Anthorn is wrong is in claiming that customers who pay interest are more profitable than those who don't.

I fail to see how those who pay interest are less profitable than those who don't pay interest.