Credit card and rating?

MHOWARD_2 · 9 January 2017 at 1:13AM

Dobbibill wrote: »

:rotfl: :rotfl:

Hi, can I pick your brains again please.

I tried to sign up for the Barclaycard for bad credit or whatever it's called. I did this to get a better history sooner, I'm not actually in need of it but can just spend what I normally spend and pay it off.
I was declined and the reasons they gave were as follows-

I am always on or over my overdraft limit every month
I have many missed payments (or words to that effect)

I have no overdrafts on any of my bank accounts, I don't need one and don't want one. Also I only have two credit accounts and they are both paid up, in fact I paid one early on your advice.
I also have edf and Thames water but they are both upto date.

My credit report is fine with Equifax. Noddle say I do not have enough of a history to generate a report and experian is just a nightmare. They now want me to send in all sorts of identification, which I suppose I will have to now.

I just don't understand what Barclaycard are on about, any ideas what could be going on?
Thanks

DCFC79 · 9 January 2017 at 1:36AM

MHOWARD wrote: »

Hi, can I pick your brains again please.

I tried to sign up for the Barclaycard for bad credit or whatever it's called. I did this to get a better history sooner, I'm not actually in need of it but can just spend what I normally spend and pay it off.
I was declined and the reasons they gave were as follows-

I am always on or over my overdraft limit every month
I have many missed payments (or words to that effect)

I have no overdrafts on any of my bank accounts, I don't need one and don't want one. Also I only have two credit accounts and they are both paid up, in fact I paid one early on your advice.
I also have edf and Thames water but they are both upto date.

My credit report is fine with Equifax. Noddle say I do not have enough of a history to generate a report and experian is just a nightmare. They now want me to send in all sorts of identification, which I suppose I will have to now.

I just don't understand what Barclaycard are on about, any ideas what could be going on?
Thanks

What about Experian ?

So the negatives arent mentioned on your Equifax report ?

MHOWARD_2 · 9 January 2017 at 2:06AM

DCFC79 wrote: »

What about Experian ?

So the negatives arent mentioned on your Equifax report ?

Nope, as I say I cannot get into experian yet due to them deciding they cannot verify. Even though everybody else seems to be able to (Santander, Equifax, Vodafone etc).
There is absolutely nothing bad about me on Equifax.

Dobbibill · 9 January 2017 at 7:52AM

Send in the ID and get the reports from all 3 CRAs.

Something is not right somewhere and it really could be anything.
This can range from being financially linked to someone, formatting of an address not matching, accounts that have been forgotten about - sometimes joint accounts, mixed up ID with someone with the same name.

Once you have your CRs, check every detail on them and see if you can find any errors.

MHOWARD_2 · 9 January 2017 at 11:00AM

Dobbibill wrote: »

Send in the ID and get the reports from all 3 CRAs.

Something is not right somewhere and it really could be anything.
This can range from being financially linked to someone, formatting of an address not matching, accounts that have been forgotten about - sometimes joint accounts, mixed up ID with someone with the same name.

Once you have your CRs, check every detail on them and see if you can find any errors.

I'm going to give experian a ring today and see what it is they actually want from me. One thing I do know though is it cannot be an overdraft, I have never even had an overdraft ever. But Barclaycard specifically mentioned an overdraft.

MHOWARD_2 · 17 February 2017 at 8:26PM

Hello again.

I have now got an experian account and there is nothing on there that is untoward or that I don't know about except an address. I have contacted experian about this and they have put a note on saying they have contacted who put the data on there or words to that effect. Still have no idea what Barclaycard were on about with always on or over on my overdraft and several missed payments, pretty confusing really.
My credit report is pretty horrific reading as I have made over ten credit applications, four of them were from the idiots at carphonewarehouse though. Still surely in my favour is no missed payments etc
Any idea how Barclaycard got it so wrong? Also was I right to dispute the address?
Thanks

Dobbibill · 17 February 2017 at 9:21PM

Hi MHOWARD,

Glad to hear Experian are going to look into the address issue, they should be able to get that cleared up shortly. Yes, you were right to dispute the address.

Is the rest of the information on the report correct?
ER details, any other current accounts, dates of moving addresses, the formatting of any addresses, all payment records.

Have you checked your Call Credit report via Noddle - this is free and is another CRA.

Don't worry about the applications, they have little impact after 6 months and no impact after 12 months.

What exactly is the wording BC gave you? Did you have it in writing or are you recalling it from a conversation? Any incorrect records on your CR won't have helped though.

MHOWARD_2 · 17 February 2017 at 10:26PM

Thanks once again for the reply mate.

Everything is fine as regards to accounts/payments etc
When I applied to Barclaycard I was declined and on that screen it showed me why, pity I never took a screenshot but that is definitely what it said. I have got a Noddle account even though I cannot access it as they say they do not hold enough information on me to create a credit report. But Equifax and experian seem fine. Any idea how I can get hold of Noddle or whatever they are?

Thanks for the continued help!

Dobbibill · 17 February 2017 at 10:53PM

Have you applied for access to Noddle since getting your Experian report?

Depending on how many accounts you have reporting will depend on how much data they have to work with - not all creditors will report to all 3, it may just be that your particular accounts don't report to Call Credit.

MHOWARD_2 · 23 February 2017 at 2:41AM

I have a Noddle account, it's just when I sign in I get told they do not have enough information to generate a report.
I also have cancelled experian as not paying £14.99 a month, I signed up for meeting credit club and it asked me a verification question- out in the full number of my current account starting with 0 and ending with 0. None of my accounts match that, so verification failed lol
Im so fed up with credit I can only laugh. As delboy once said, my credit is so bad I can't even pay with cash

Credit card and rating?

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