Will my past gambling online affect my credit score later?
I am 19 years old and have recently stopped online gambling. I have a student account (current) with natwest and have a large overdraft facility and have often gone into it to gamble online. I am worried now that this habit will affect my credit rating later in life when I need to buy a house/car etc. Could someone give me more information on the matter? I have completely stopped now as Ive realized it was stupid, and I have never used a credit card. Thank you
A credit score is a myth, in the UK people do not have credit ratings like in America. Although what you do have is simply a history of any current Credit cards, Direct Debits,Standing orders and recent credit checks. Therefore as long as you have not recently been denied credit and your debts are all under control you should be able to achieve a morgage or bank loan as long as your income is sufficient.