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  • FIRST POST
    • hoc
    • By hoc 10th May 17, 10:56 PM
    • 167Posts
    • 128Thanks
    hoc
    Credit card soft check - worth doing and which one?
    • #1
    • 10th May 17, 10:56 PM
    Credit card soft check - worth doing and which one? 10th May 17 at 10:56 PM
    Are these soft checks Martin talks about worth doing or not? I have heard conflicting opinion where some saying it is meaningless. If there is value I am looking for something that won't count against my eligibility by making a mark or require handing over my personal information for marketing. Does this exist?

    I found one oo MSE one but this just seems to be Experian which I was told wasn't very useful.
Page 1
    • Ben8282
    • By Ben8282 11th May 17, 5:03 AM
    • 1,916 Posts
    • 831 Thanks
    Ben8282
    • #2
    • 11th May 17, 5:03 AM
    • #2
    • 11th May 17, 5:03 AM
    Told by who?
    The eligibility checker will give you a reasonable idea of the sort of card that you are likely to be accepted for. Obviously you will have to give personal information as your eligibility could not be assessed without such information.
    • bengalknights
    • By bengalknights 11th May 17, 9:03 AM
    • 4,000 Posts
    • 1,464 Thanks
    bengalknights
    • #3
    • 11th May 17, 9:03 AM
    • #3
    • 11th May 17, 9:03 AM
    They are around 70% accurate as once you go to full application there are other criteria at play
    • BatchedMetting
    • By BatchedMetting 11th May 17, 12:42 PM
    • 74 Posts
    • 6 Thanks
    BatchedMetting
    • #4
    • 11th May 17, 12:42 PM
    • #4
    • 11th May 17, 12:42 PM
    Can anyone recommend any good 0% cards that have accurate soft checkers please? Thanks!
    • newlease
    • By newlease 11th May 17, 11:53 PM
    • 50 Posts
    • 9 Thanks
    newlease
    • #5
    • 11th May 17, 11:53 PM
    • #5
    • 11th May 17, 11:53 PM
    Used checks twice, twice they said i would be apprived and twice i wasnt. They may be useful for those to check before applying if they will get rejected but the opposite is not true.
    • hoc
    • By hoc 14th May 17, 11:27 PM
    • 167 Posts
    • 128 Thanks
    hoc
    • #6
    • 14th May 17, 11:27 PM
    • #6
    • 14th May 17, 11:27 PM
    Used checks twice, twice they said i would be apprived and twice i wasnt. They may be useful for those to check before applying if they will get rejected but the opposite is not true.
    Originally posted by newlease
    Exactly, these seem to be good for those with problematic credit from making it even worse by needlessly applying. I don't have a problematic history, never been in debt, etc. and while I have 2 credit cards (Lloyds and Barlcys) the one I want (Halifax Clarity) has rejected me twice in the previous 3 years.
    • sjb76
    • By sjb76 15th May 17, 9:34 AM
    • 7 Posts
    • 2 Thanks
    sjb76
    • #7
    • 15th May 17, 9:34 AM
    • #7
    • 15th May 17, 9:34 AM
    Agreed. I also got approve 3 times on cards with 10% so who knows
    • hoc
    • By hoc 15th May 17, 11:36 PM
    • 167 Posts
    • 128 Thanks
    hoc
    • #8
    • 15th May 17, 11:36 PM
    • #8
    • 15th May 17, 11:36 PM
    So why does Martin make such a song and dance about it then?
    • bigadaj
    • By bigadaj 16th May 17, 7:47 PM
    • 9,167 Posts
    • 5,857 Thanks
    bigadaj
    • #9
    • 16th May 17, 7:47 PM
    • #9
    • 16th May 17, 7:47 PM
    Referral fees?
    • BatchedMetting
    • By BatchedMetting 17th May 17, 1:35 PM
    • 74 Posts
    • 6 Thanks
    BatchedMetting
    It's really irresponsible to put out a tool that is that inaccurate.

    A lot of people's lives could be changed for the better by switching to a 0% card - you can literally reduce the amount you are paying on interest by £100s per month after switching.

    If you are put off from applying after getting a low score on the 'soft check' then that's a real shame!
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