Opinions on debt-maintain credit score

Opinions on debt-maintain credit score

Author
Discussion

Teebs

Original Poster:

4,412 posts

216 months

Monday 9th November 2015
quotequote all
After being in debt for all of my adult life, I'm now reaching a point where the only money I owe will be the mortgage.
No credit cards, no loans, no nothing (well, apart from the house..)

I've managed to have and maintain a pretty good credit score, but I've also read quite a bit regarding needing to have outstanding credit lines in order to maintain this score? Would it be best to use a day to day credit card which is paid off at the end of the month or will a mortgage be suffice?

I'd rather just use cash and my debit card for standard purchases, but I do want to be able to take out credit in the future if need be..


Teebs

Original Poster:

4,412 posts

216 months

Monday 9th November 2015
quotequote all
Sarnie said:
Mortgage alone should be sufficient.....
Good to know-thanks

Teebs

Original Poster:

4,412 posts

216 months

Tuesday 24th November 2015
quotequote all
Thanks to all, I've now got a cashback credit card, paid in full when the bill arrives. That should suffice.