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Credit Rating

quick question.

Im curious to know, if i spend on my credit card say £1000 and pay say £500 when the bill comes, (but make the payment) does this affect my credit rating because I have not cleared the whole amount due that month?

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    no it doesn't
    they just love people who pay them lots of interest
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    No

    As long as you pay the minimum required, nothing will show up on your credit file.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
  • nickmack
    nickmack Posts: 4,435 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    GeorgeUK wrote: »
    As long as you pay the minimum required, nothing will show up on your credit file.

    Nothing negative anyway.

    It should show as 0 meaning your required payment was made on time.

    Which if happens every month, over time should improve your credit worthyness.
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