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Get rid of poor limit credit card?
robboa
Posts: 28 Forumite
Hello
I’ve suffered with bad credit in the past so I got a Vanquis credit card about 2 years ago
£150 limit high interest rate and doesn’t seem like there going to ever put it up
I’ve since been able to get a 500 limit with MBNA with an ok interest rate
And now a lloyds credit cards with a £3000 limit and a low interest rate,
Should I cllose the Vanquis card now. All have been managed perfectlyv
I’ve suffered with bad credit in the past so I got a Vanquis credit card about 2 years ago
£150 limit high interest rate and doesn’t seem like there going to ever put it up
I’ve since been able to get a 500 limit with MBNA with an ok interest rate
And now a lloyds credit cards with a £3000 limit and a low interest rate,
Should I cllose the Vanquis card now. All have been managed perfectlyv
0
Comments
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Why not use the Lloyds card.
Use the vanquis for a weekly shop for example.0 -
Keep it. You only have three and a limited history..0
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As long as you have all your cards set up to pay off the balance in full every month by direct debit then I would use all of your cards at least a little each month to build a good history of credit management.0
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