my credit score

[larn]

i have a simple question about my credit score,

i have no idea what my score is, all i want to know is, if i use my overdraft alot, (because each month i always end up in my overdraft), will this effect my credit score?

i am applying for a mortage in about 5 months

[keys]

If I were you I would get a copy of your credit file from Experian or Equifax and then look at ways to improve your rating over the next few months before you apply for a mortgage.

[larn]

can i get a copy for free?

[TWD-Tony]

It's not free - but it's only about £3 I think

[larn]

oh wow i paid 4.99 but i got my credit score 945 very nice, i was so worried about it, now i can relax thank you

[EquusTrade]

It might be worthwhile reading the Martin Lewis website article about credit scores. He's got the moneysavingexpert website

[Mortgage Bod]

Hi,
Using your overdraft and staying within the overdraft limit will not affect your credit score in any way. However, if you have unauthorised borrowing, ie,over your agreed limit then this will have an impact.

[mark611]

Originally Posted by Mortgage Bod

Hi,
Using your overdraft and staying within the overdraft limit will not affect your credit score in any way. However, if you have unauthorised borrowing, ie,over your agreed limit then this will have an impact.

thats what i thought!!

[JamesS]

Overdrafts do show on a persons report and a lender will take into account current borrowings when deciding to lend any more money ...

[www.infoebookstore.co.uk]

Overdrafts don't show up, but you will be surprised that simple mistake late payments to credit cards etc do show up.

Make sure if you are going on holiday you pay bills before you go! 1 day late and if could show up.

Also, if you don't use your credit cards get rid of them. Not just cutting them up, cancel them with the card company and get confirmation.

Hope this helps.

James