M & S Card

Money_Mad_3

Hi

Has anyone managed to get an M & S card, I have just been refused my credit reference is ok but as I am financially linked to husband who as a couple of defaults one which he is disputing I have been refused.

Just wondered if anyone has managed to get one and does your credit file has to be excellent.

Many Thanks:j

Moggles_2

If you share a financial product with someone else eg. joint bank account, then you are financially linked and the poor management of their affairs could certainly have a knock-on effect on your credit rating.

If you have an otherwise unblemished credit report, it would be worth separating your financial affairs. Whilst you remain linked, lenders are likely to view you as too great a risk. Once your a/cs were separated though, you could write to the credit reference agencies and ask for a notice of disassociation, to stop his credit history affecting yours in future and vice versa

POSSETTE

i wouldnt bother..i have "perfect" credit score,never defaulted on anything,and i close CC that i dont use anymore,i havent moved house recently etc..and i still get refused by them, i tried some others an got it straight away.

Moggles_2

Well, I was accepted for an M&S card without difficulty. This lender is not known to score particularly harshly.

moneysavingallday

Moggles, what other cards do you have/what is on your CRAs?
I heard M&S phone you and hassle you at your workplace to check you really work there?

Mrs_Ryan

moneysavingallday wrote: »

Moggles, what other cards do you have/what is on your CRAs?
I heard M&S phone you and hassle you at your workplace to check you really work there?

Dont think so... mum has one and she is medically retired due to disability (but she is classed as unemployed as she is under retirement age) and she got one with no problems with a decent limit.

She hasnt had any calls yet checking that she's done the housework as she put her occupation as 'housewife' :rotfl:

Money_Mad_3

Thanks for all your replies. I cannot separate my credit file as they say because we have a joint mortgage I am financially linked. I wouldn't mind I entered the information about 6 years ago thinking we would get both reports by paying once, (how stupid) I have tried to separate the files but they won't do it unless divorce, or separated. They said that they would have still attached reports because of our mortgage which I think is a load of rubbish but unfortunately I have been penalised also.

YorkshireBoy

Money_Mad wrote: »

I wouldn't mind I entered the information about 6 years ago thinking we would get both reports by paying once, (how stupid)

Don't beat yourself up...the association has been created by the credit provider (eg mortgage/loan/current account). You just confirmed it when you ordered your report.

I have tried to separate the files but they won't do it unless divorce, or separated. They said that they would have still attached reports because of our mortgage which I think is a load of rubbish but unfortunately I have been penalised also.

The association is not a physical one (;))...it's a financial one. Even if you divorce or separate, for as long as you have joint and several liability for debt you will remain financially associated.

moneysavingallday

I'm really keen to get one of these blasted cards

Money_Mad_3

Me too I would love one of these cards especially as its 0%

Money_Mad_3

Just found out why I was refused because I just changed my mortgage last April and already have two credit cards. (Never missed a payment) Never mind, they told me to reapply in two months, Not sure I will get one then