Problem getting a new personal loan and also appyling for a credit card.

Nasqueron

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

There is also a promotional rate marker (for 0% cards) though there was a long standing view you should try and pay at least a pound or two over the minimum for BT balances to avoid the minimum - I have never not paid significantly over the minimum though for BT transfers so can't confirm 

Superhoopza

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Right ok I should probably revisit my payment arrangements then if that's the case.

Superhoopza

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Just seen it on my credit report yes. Is a simple way around that to also make a payment of say £5 more onto each account, above the minimum?

prettyandfluffy

Superhoopza said:

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Just seen it on my credit report yes. Is a simple way around that to also make a payment of say £5 more onto each account, above the minimum?

As it appears that you are in a comfortable financial position from your original post, the best strategy would be to pay off the credit cards in full every month; if that is not possible then clear them as fast as you can. For either you can do this by direct debit.

Superhoopza

prettyandfluffy said:

Superhoopza said:

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Just seen it on my credit report yes. Is a simple way around that to also make a payment of say £5 more onto each account, above the minimum?

As it appears that you are in a comfortable financial position from your original post, the best strategy would be to pay off the credit cards in full every month; if that is not possible then clear them as fast as you can. For either you can do this by direct debit.

That didn't answer the question

BoGoF

Superhoopza said:

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Just seen it on my credit report yes. Is a simple way around that to also make a payment of say £5 more onto each account, above the minimum?

As above, even a £1 does the trick

Superhoopza

BoGoF said:

Superhoopza said:

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Just seen it on my credit report yes. Is a simple way around that to also make a payment of say £5 more onto each account, above the minimum?

As above, even a £1 does the trick

Thank you for answering and helping. I'll be sure to do that on the same day my direct debits are coming out.

Nasqueron

Superhoopza said:

BoGoF said:

Superhoopza said:

BoGoF said:

Superhoop91 said:

Vinknut said:

"always make the minimum payment on my card, sometimes more"

That is often indicated on a credit report if you make on/around the minimum payment.

How much credit do you have available and how much of it are you using?

I think, on balance, not lending you any more is a good thing, for both you and the lenders - a reasonable salary and no mortgage, what do you need additional credit for?

Is this true? Will it say minimum payments are being made on the account, not just the balance each month?

Yes, there is a minimum payment marker

Just seen it on my credit report yes. Is a simple way around that to also make a payment of say £5 more onto each account, above the minimum?

As above, even a £1 does the trick

Thank you for answering and helping. I'll be sure to do that on the same day my direct debits are coming out.

You may well find that you can set the DD amount manually either in the app or over the phone (bugbear of mine - forcing you to waste time speaking to someone instead of doing it in seconds in the app). Barclays you can do it in the app, Halifax iirc it's on the website only. M&S can do it via the chat if you can hang around there long enough for it not to time out!