Originally Posted by TBM
Originally Posted by JohnHarris
that may have maxed out credit cards and make minimum monthly payments and most likely a higher credit rating than myself.


Unlikely - if they are using more than 30% of their available credit it negatively impacts their credit score.

Most of my cards have a £15-20K limit, so I keep well within the required limits, and it helps build my score.


I didn't realise that there was a 30% of available credit monitor........it just makes me smile. I paid for my Roadster in full by Debit Card and still have a low credit rating.


22 Plus Four KIMI
12 Plus 4 Sport OZZY
08 Roadster FELIX
06 4/4 70th LOKI
77 4/4 SEAMUS
85 4/4 MOLLY