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Should I apply for First Direct again?
Comments
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I got the email about we are sending forms out etc, is it then once forms have been returned is the credit search conducted or is it conducted during the application?
I heard that it is when returnedBank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100 -
To have a First Direct account you need to pay in 1.500 a month or they will charge you 10 per month. Are you earning that amount of money because you are only 18.The credit scoring it very tough for a First Direct account but if you have a credit card or overdraft with HSBC this may help with your application.
I think that you should wait for the credit searches to fall off and stop applying for credit because you are only 18.
That just my opinion so good luck with your application.
PS The pound sign on my keyboard is not working.0 -
I earn around £1000 (after tax) a month, however I would be keeping an average balance of over £1500 and therefore avoid the £10 charge. I pay £13 with HSBC at the moment, so I can get txt banking, UK call centre and some other bits and bobs.
They do a credit search before sending out forms unless they find something in your application which they cannot confirm, such as an incorrect existing bank account details. The first time I applied, I got a declined letter within a few days. The second time, I got an email stating they are sending forms out.
No credit search has been done as of yet though.0 -
I heard that NID appealed using his HSBC account as reference...I earn around £1000 (after tax) a month, however I would be keeping an average balance of over £1500 and therefore avoid the £10 charge. I pay £13 with HSBC at the moment, so I can get txt banking, UK call centre and some other bits and bobs.
They do a credit search before sending out forms unless they find something in your application which they cannot confirm, such as an incorrect existing bank account details. The first time I applied, I got a declined letter within a few days. The second time, I got an email stating they are sending forms out.
No credit search has been done as of yet though.
What was your HSBC BS?
Have you called them to askBank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100 -
Innocent_Guy wrote: »I heard that NID appealed using his HSBC account as reference...
What was your HSBC BS?
Have you called them to ask
60 at the moment.0 -
Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100 -
Typical 18 year old, apply for all the products they can.max them out and expect to get away with not paying it at the end by bleating on about not knowing what they were getting themselves into !!!!!!!!10
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Hang on Mr, the guy is quite a responsible 18 year old and has been on this forum for some time now, please do not judge without facts.Typical 18 year old, apply for all the products they can.max them out and expect to get away with not paying it at the end by bleating on about not knowing what they were getting themselves into !!!!!!!!1Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.0 -
Typical 18 year old, apply for all the products they can.max them out and expect to get away with not paying it at the end by bleating on about not knowing what they were getting themselves into !!!!!!!!1
Oh dear.
The OP seems to be fairly clued up and NOT in debt, albeit a bit trigger happy with hitting the 'Apply' button.
Tell me, if that's the typical 18 year old, what's the typical 27 year old like? I'm 27 and interested to see if I'm 'typical'.Whilst my posts do not constitute financial advice, I am always, without fail, 100% right!
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Typical 18 year old, apply for all the products they can.max them out and expect to get away with not paying it at the end by bleating on about not knowing what they were getting themselves into !!!!!!!!1
I think that you are wrong because he is a mature 18 year old that is not in debt but just wants a good bank account. If you look on the sub prime thread you will see that he has had other credit products that were managed very well and has lots of knowlege about how credit works.0
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