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Is a high credit limit with low utilization always good?
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kingstreet wrote: »It will make absolutely no difference.
Mortgage lending is much more "broad-brush" than the kind of micro-management people seem to want to employ on here.
Loan to value, time in job, time at address, income/affordability and no adverse credit are the real issues.
And of course, Credit utilisation will be looked at, and indeed be factored in. so.... WILL make a difference. A very small one I grant you, much much smaller than income and time in job etc. But none the less an effect. So "It will make absolutely no difference." is just not true.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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