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ClearScore insights - lower credit use - is this true??!!
Comments
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Yes exactly that. I was hoping to shift the balance to another 0% card.born_again said:
Your issue is more likely to be the amount of debt compared to income & normal expenditure.cocopop100 said:Thanks very much for all your comments - I really appreciate it as I'm not very savvy about the mysteries of credit cards! :-)
Ok so I'll ignore ClearScore!
I currently have one 0% credit card with £10K on it and I pay the minimum payment each month (and the 0% runs out in Jan 2024). Is that paying the balance off? Sorry I'm just not sure what that means.
Do you think it's this 0% credit card debt which is affecting my attractiveness to lenders?
With interest rates as they are. Lenders are less likely to take on a large debt.
Are you looking for another card that is going to give such a high limit?0
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