very happy girl :)

specialkthefirst · 16 March 2012 at 4:06PM

hope this is okay to post here

today i went to the bank to open a savers account and opened an ISA that is tax free woooop. any way while i was there she was telling me that my credit raiting with them is EXCELLENT - i have no money but all my bills are paid on time and i manage my money well- and she was saying that she has never in her working life seen them offer a person like me - a single mum, 21 yrs old, on benefits and a full time student - been offered a £1000 over draft and a £15000 credit card! obviously i said NO!!!!! but i am so happy to know they they would offer me this. it must be a good thing!?!?

xx

talana · 16 March 2012 at 4:24PM

it must be a good thing!?!?

If you want to end up horrendously in debt then perhaps it is. Otherwise no.

MuffinTops · 16 March 2012 at 4:27PM

I think it's a great thing that you've got such a clean record that you will have no trouble getting the necessary credit you may need (ie a mortgage). We all work so hard trying to repair our poor ratings so it's lovely to hear that there are some people out there who are doing it all correctly.

Well done. Even more so for not being tempted into the overdraft and credit card.

Tabatha_Kitten · 16 March 2012 at 4:38PM

Sounds like a bank clerk with a target to meet to me !

talana · 16 March 2012 at 5:18PM

MuffinTops wrote: »

I think it's a great thing that you've got such a clean record.....

Agreed, no argument.

....that you will have no trouble getting the necessary credit you may need (ie a mortgage).

But £16K of used or open credit sitting on your file would obviously affect that.

a single mum, 21 yrs old, on benefits and a full time student

And throwing £16K credit at someone in that position is mental.

rising_from_the_ashes · 16 March 2012 at 5:48PM

MuffinTops wrote: »

I think it's a great thing that you've got such a clean record that you will have no trouble getting the necessary credit you may need (ie a mortgage). We all work so hard trying to repair our poor ratings so it's lovely to hear that there are some people out there who are doing it all correctly.

Agree wholeheartedly with this ..... wish I'd learned how to do this by 21 and I'd have saved myself a lot of heartache!

However .......

talana wrote: »

And throwing £16 credit at someone in that position is mental.

Absolutely 100% agree with this too - how on earth is this sort of credit still being literally thrown at people who cannot afford to pay it back .... I thought the banks were supposed to have tightened up on irresponsible lending.

specialkthefirst · 16 March 2012 at 9:18PM

thanks for all your comments back!

i know its litrally all thanks to you guys on MSE that i have learnt that i DO not want to get into debt. it scares me reading stories on here about people in thousands of pounds worth of debt. i am determined this will never happen to me. if i hadnt of found this website at the begining of the yeear i probably would have taken the credit card. i feel so good knowing i could say no to it and also feel like im not missing out on anything by saying no...if this makes any sence.

xx

rising_from_the_ashes · 16 March 2012 at 9:26PM

Honestly, if you've learned to budget at 21 then you should really be set for life ...... it was where I went wrong again and again (and again!) and I've only recently "clicked" that this is where the vast majority of my debts came from and it caused it all to spiral out of control (again & again & again!).

A wise head on young shoulders!

very happy girl :)

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free