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Credit file shows "Your Borrowing Power is low"
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cheekykid
Posts: 259 Forumite
As per title
What can I do so that this won't affect my file negatively?
Is this only an indication and outcome of my reported income with the bureaus and nothing else?
I make 50k a year and have 4 credit cards which I use moderately. Rarely over 35% of their credit limit.
What can I do so that this won't affect my file negatively?
Is this only an indication and outcome of my reported income with the bureaus and nothing else?
I make 50k a year and have 4 credit cards which I use moderately. Rarely over 35% of their credit limit.
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Comments
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If your file contains accurate data and is free of adverse credit information i.e defaults, missed payments etc then that's all that matters.0
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Which CRA used the phrase 'Your Borrowing Power is low'? I've not heard of that phrase being used?0
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Superscrooge wrote: »Which CRA used the phrase 'Your Borrowing Power is low'? I've not heard of that phrase being used?
Call credit and experian report to that effect.0
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