It doesn’t.
Paying the minimum balance within your credit terms should increase (or maintain) your score.
Paying the minimum balance within your credit terms should increase (or maintain) your score.
Original post by Kerry1968
Hi, well my credit score went down.
I queried it and got a message saying it was to do utilisation of debt?
I queried it and got a message saying it was to do utilisation of debt?
Then you need to query what “utilisation of debt” means for that credit agency.
Staying within credit terms boosts/maintains your score. Otherwise everyone would have bad ratings.
NB. Lenders don’t just look at the overall score in any case.
Original post by Admit-One
Then you need to query what “utilisation of debt” means for that credit agency.
Staying within credit terms boosts/maintains your score. Otherwise everyone would have bad ratings.
NB. Lenders don’t just look at the overall score in any case.
Staying within credit terms boosts/maintains your score. Otherwise everyone would have bad ratings.
NB. Lenders don’t just look at the overall score in any case.
I agree
Original post by Kerry1968
Hi, well my credit score went down.
I queried it and got a message saying it was to do utilisation of debt?
I queried it and got a message saying it was to do utilisation of debt?
Let us know what they say? I agree with you on this and don't get what they are saying!
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