Direct Debits question

sassy_one

Hello


Quick question

If you have a few bank accounts, is it better to have Direct Debits leaving your MAIN current account or a basic bank account?

Would it make any difference, to say, your in House credit score with the bank?

boo_star

Perhaps, but I imagine the impact would be negligible at best.

PixelPound

Some bank accounts require to have some DD set up to get the benefits, so it is possible it would affect it. Banks want you to have your main account with them, which is why they will stipulate a couple of DD to show it is being used. It probably has no effect on the bank that you have a basic bank account with.

Merlin139

It all comes down to the account holder being able to track what is going in and out.

Credit scores are irrelevant so why do people go on about them?

[Deleted User]

Direct debits have no impact on credit scoring, either with the CRA's made up scores or a lenders internal lending criteria