We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Applying for a mortgage (should i cancel unused credit card?)
Simmonds1987
Posts: 1 Newbie
Hello,
I’m currently looking at applying for a mortgage and just seeing how i can improve my credit score, if at all possible. Over a year a go i got a Santander zero credit card for a world travelling trip (for emergencies). Over the year i didn’t actually end up using it, so I’m curious to know if this may effect my credit score? Would it be better to cancel the card before applying for a mortgage or keep it open?
0
Comments
-
Ignore the score.
As long as you have a few cards that you use regularly to maintain history, an extra card or two will make little difference.1 -
Keep it. Cancelling it would probably lower your made up score.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards