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Credit score
cts_casemod
Posts: 272 Forumite
in Credit cards
Every since I opened my credit accounts, a year ago, my credit score has marginally gone up or down. In average it sits at the same level as before, which I don't quite understand.
I am subscribed to 'noodle improve service' but their tips appear to be useless so far.
I have 4 credit cards.
1 - Used for overseas spending, as no taxes for foreign transactions, and hardly used.
2 - 0% Interest card. I have kept this one at about 60% usage
3 - Cashback card. This one varies. I normally use a fair percentage (up to 80%) of my allowance, but pay in full every month. More often than not I make a payment before the statement closure just so that the closure balance is lower.
4 - Credit building card - I normally use 10-30% on this one.
Noodle compare tells me I have to many credit accounts. Is it 4 too much? Shall I cancel the ones I don't normally use even tough they can be useful at times, such as 1?
I live on my address for a year now. Previously I kept my address for 4 years. It also tells me that that is decreasing my credit score.
Noodle seems to be quite delayed, with about 2 months delay from what's happening at present and what I see on my credit file. Would I be better using Experian or other option?
I am subscribed to 'noodle improve service' but their tips appear to be useless so far.
I have 4 credit cards.
1 - Used for overseas spending, as no taxes for foreign transactions, and hardly used.
2 - 0% Interest card. I have kept this one at about 60% usage
3 - Cashback card. This one varies. I normally use a fair percentage (up to 80%) of my allowance, but pay in full every month. More often than not I make a payment before the statement closure just so that the closure balance is lower.
4 - Credit building card - I normally use 10-30% on this one.
Noodle compare tells me I have to many credit accounts. Is it 4 too much? Shall I cancel the ones I don't normally use even tough they can be useful at times, such as 1?
I live on my address for a year now. Previously I kept my address for 4 years. It also tells me that that is decreasing my credit score.
Noodle seems to be quite delayed, with about 2 months delay from what's happening at present and what I see on my credit file. Would I be better using Experian or other option?
0
Comments
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You need to look at all three files for a full picture.
You also need to ignore the scores.0 -
Unsubscribe from Noddle improve. As you have noticed, it is doing nothing for you.
Are you on the ER at your new address for the past year?I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
One version of my.score seems to vary depending what day of the month I pay.
Payment due dates are 5th and 7th. If I pay before the end of the previous month the score improves. If only on 3rd or 4th the next time round the score goes down again.
Impossible to take this seriously.0 -
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One version of my.score seems to vary depending what day of the month I pay.
Payment due dates are 5th and 7th. If I pay before the end of the previous month the score improves. If only on 3rd or 4th the next time round the score goes down again.
Impossible to take this seriously.
Interesting :rotfl:0
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