Full Payer

A Full payer is slang used by credit providers for someone who pays their credit card balance in full and on time each month. Though this is fairly widely-advised consumer behaviour, it is less profitable for the card providers which some see as reason enough not to offer credit in the future, so in some circumstances it can harm your Creditworthiness.

The opposite of a Full Payer is an Extended Credit Taker, who regularly pays interest on outstanding balances.


Q: Is being a full payer good for my credit history?

A: Yes, it will help you build a healthy credit history and overall score, but as mentioned above, it may still not help when it comes to applying for credit.

Q: Why does it affect my ability to apply for credit?

A: Different credit cards and mortgages will appeal to different demographics and some products are designed to be more profitable to lenders than others. That means even if you’ve got a spotless report, you might be declined if your circumstances aren’t exactly what they’re looking for.

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