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Credit Card - Paying It Off
BethEP6
Posts: 2 Newbie
in Credit cards
Hi,
I have a credit card and am currently saving for a house deposit and mortgage etc. I know that my credit card counts towards my credit rating and I always pay off more than the minimum every month but I just wondered - if I don't pay off the full balance immediately or soon does that count as a negative against my credit rating??
Thank you in advance!
B
I have a credit card and am currently saving for a house deposit and mortgage etc. I know that my credit card counts towards my credit rating and I always pay off more than the minimum every month but I just wondered - if I don't pay off the full balance immediately or soon does that count as a negative against my credit rating??
Thank you in advance!
B
0
Comments
-
Carrying a balance can imply a lack of spare funds, on an interest bearing card.
It could also look as if you have effectively borrowed your deposit, which also isn't good0 -
Ok thank you, that's clear.0
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