credit rating for mortgage

[BroodySince22]

Hello!

Just wondered if anyone can help me here. Partner and I are starting to save, putting money away towards a deposit on a house for a few years' time after I finish uni. My parents have suggested I consider getting a credit card to build up a good credit rating which will look better when we eventually apply for a mortgage, providing I make sure to pay it back when due. I'd only use it to fill my car, just small payments I can afford.

Anyway, I'm dubious of credit cards and although I have my self control, I've never wanted for a credit card as I hate how they get people in terrible debt and would like to avoid getting one, especially as I don't need one and as awful as it sounds, I don't have much faith Partner having a credit card lol, he might get a bit frivolous with one...

Are there any other ways to build up a good credit rating in the next few years? I pay a monthly phone contract, not sure if that makes a difference?

[dementedpixie]

it can help build a credit rating. You can set it up to pay the full balance by direct debit on the due date and then you are not building up a large balance or paying any interest. It is also useful in case of an emergency if you need access to money fast. I have had mine since the age of 18 and have never been silly with it and have a good credit rating.

[dementedpixie]

www.moneysavingexpert.com/loans/credit-rating-credit-score