Loan and Credit Card

[samira_uk]

Hi,

I know that similar question has been asked in the past. I am going to apply for ILR. My earning is much higher than the requirement. Due to personal reasons and also improving my credit rate, i've used credit cards and received loans from my bank. So far, I have not had any late payments and everything has been in order. I've paid all of my loans payments and credit cards have balances which I am not settling each month but paying according to the agreement with bank with no late payment or deferred payment.

Does using credit in the form of credit card and loan have any bad effect on ILR application? Do they ask questions regarding the maintenance or genuineness of the income? I am employed and payslips and bank statements clearly show my income.

Thanks in advance.

[CR001]

Does using credit in the form of credit card and loan have any bad effect on ILR application?

No, as long as you pay you should have no issues.

[samira_uk]

Thank you very much

[Universal soldier]

You said that you improving credit rate but late payments will destroy badly the credit rating. But if loan providers are happy on late payments and bailiffs have not been engaged over this matter then UKBA will have no issue.

[samira_uk]

where did I say that I made any late payment!! On contrary, I did all payments on time and without any delay!

[Universal soldier]

where did I say that I made any late payment!! On contrary, I did all payments on time and without any delay!

then you will be alright . Let us know the outcome too.

[samira_uk]

thank you. of course, i will update you