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Overdraft to help credit file?
dane1986
Posts: 20 Forumite
Hey guys, Iv been rebuilding my credit rating over the last 12 months so I can finally get on the property ladder. The bank gave finanlly offered me a the chance of a overdraft starting at £100. Am I wise to take to take this to help improve further, or is it not worth it. Thanks.
0
Comments
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Any form of lending will be a plus, but don't incur charges using it.0
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Take the overdraft but don't use it. Saying that though overdrafts can be very tempting!0
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An overdraft shows to lenders that you potentially can’t leave by your current means.
If you do take it don’t use it.0 -
I don’t need the money or the overdraft, so would it be a good idea to take it but not to use it?0
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yes it would0
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Personally I wouldn’t.
But it’s down to you0
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