anyway...she went to her bank where she has a current account and a deposit account and a credit card and a switch card...she has no student grants nor debt...the credit card is paid off every month on the due date...
'can I please have a no 2 account mr bank manager as I want to start moving all my overheads into my name instead of the trust so that I can build up a credit rating....''
''no chance'' says bank manager...''you do not appear on the radar with any overheads nor outgoings in your name...your credit rating is too low''
''but surely'' says said law student ''thats the whole idea of a credit rating....no debt no borrowings no pressure''
''sorry'' says said banky...''you have to have debt to get a good credit rating''
now that confused the fck out of me.....
makes you think though duntit.....what sort of a world do we live in when the person with no debt is placed as a greater credit risk than the one with plenty of debt...?? <img src="/forum/images/graemlins/blush.gif" alt="" />