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Balance Transfer looks to have ruined my credit score - will it correct itself
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labelwriter
Posts: 10 Forumite

I've spent most of this year paying off my Credit cards and managed to pay off £9k of a large balance, because of this my credit score went from fair to good and I was able to transfer the balance to a Virgin interest free CC - all good so far. I've just checked my credit score for this month and it's now Poor and gone down by 24 points and this looks to be because on my report it's now showing that I owe £30k which is double the amount I actually owe. Has anyone else had anything like this? I'm really p..ed off as I've worked so hard this year to improved my credit. Has anyone else had anything like this and will it sort itself out?
Thank you.
V
Thank you.
V
0
Comments
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Don't worry about the score. No one sees or care about it.
In due course, your reports will show the correct total debt.1 -
Thank yoU0
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