Bank - Credit score

[Alicja89]

Hey guys. I think I ruined my credit score due to gambling. 

I usually deposit small amounts at once. Most of the time it's £10. If I'm winning I withdraw most of my wins and keep the original £10 to play more. Then I either keep my withdrawn winnings or I deposit another 10 to another casino the same day or the next day. This made me have loads of transactions each month between my account and casinos. I think this ruined my credit score ...

I have been notified by my bank to either freeze gambling spendings or set limits but I have ignored it as I felt like I'm not doing anything bad. 

Suddenly I have started receiving notifications from my bank that my credit score has changed. I didn't want to check it as I was not sure whether it will somehow affect the credit score so I tried to set small overdraft on my account and it has been declined! I've had overdraft on my account many many years ago and never been refused even when I wanted to increase it. 

Do you think my credit score has changed due to gambling? Is it possible if I have no debts, I have never been late with any payments, I have savings and my purchases have never been declined?

I have stopped gambling from my account now as I'm scared that's what affected my credit score . 

If it did, how long do you think it would take to make it right again?

Help! 

I was hoping for mortgage in the next 2-3 years and now I'm scared ...

[cocopop3011]

1 hour ago, Alicja89 said:

Hey guys. I think I ruined my credit score due to gambling. 

I usually deposit small amounts at once. Most of the time it's £10. If I'm winning I withdraw most of my wins and keep the original £10 to play more. Then I either keep my withdrawn winnings or I deposit another 10 to another casino the same day or the next day. This made me have loads of transactions each month between my account and casinos. I think this ruined my credit score ...

I have been notified by my bank to either freeze gambling spendings or set limits but I have ignored it as I felt like I'm not doing anything bad. 

Suddenly I have started receiving notifications from my bank that my credit score has changed. I didn't want to check it as I was not sure whether it will somehow affect the credit score so I tried to set small overdraft on my account and it has been declined! I've had overdraft on my account many many years ago and never been refused even when I wanted to increase it. 

Do you think my credit score has changed due to gambling? Is it possible if I have no debts, I have never been late with any payments, I have savings and my purchases have never been declined?

I have stopped gambling from my account now as I'm scared that's what affected my credit score . 

If it did, how long do you think it would take to make it right again?

Help! 

I was hoping for mortgage in the next 2-3 years and now I'm scared ...

I can’t see how this could impact your credit score. Can you log into your credit file and check? That should show you a detailed breakdown? 

[Alicja89]

Hey thanks for your response. I actually checked my credit score about 30 min ago and it shows Good. I even tried to apply for credit card from Tesco (which is not my bank) and it got approved but I canceled it as I don't need it. I don't understand it really...

When I got declined for overdraft in my bank it stated that this might be due to how I handle my account, my spending habits etc

 They didn't actually specified why it's got declined and why my credit score has changed (even though it still shows as good as I mentioned above)

 

No clue