We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Oh god..please help
HopeAndDriftWood
Posts: 2,520 Forumite
Hello,
I recently applied for an egg loan, and was quite shocked to be rejected. Although im only 18, ive got a good job, and a contract phone thats always been paid off, as well as a capital one credit card. I only wanted £1,500, and so when i was rejected i requeted a copy of my credit report from experian.
It came today. Looking at where it says my credit history, it says that i have three credit thingys. One is with HSBC, which is satisfactory, the other with barclays. Now i also have another with barclays, saying i defaulted on 28/7/06, and this is rated 8. I would have only just turned 16 then, and while i may have had a bank account i certainly shouldnt have had an overdraft and didnt spend one. So my thought is that my mum did, because she isnt allowed a bank account (shes had financial problems before) and she probably had the card for mine. Well im guessing thats why im being rejected for credit, and i dont know what to do. I really need a loan, and i feel as if im being punished for something i definatly didnt do, but ill get kicked out if i confront my mother.
Any advice?
I recently applied for an egg loan, and was quite shocked to be rejected. Although im only 18, ive got a good job, and a contract phone thats always been paid off, as well as a capital one credit card. I only wanted £1,500, and so when i was rejected i requeted a copy of my credit report from experian.
It came today. Looking at where it says my credit history, it says that i have three credit thingys. One is with HSBC, which is satisfactory, the other with barclays. Now i also have another with barclays, saying i defaulted on 28/7/06, and this is rated 8. I would have only just turned 16 then, and while i may have had a bank account i certainly shouldnt have had an overdraft and didnt spend one. So my thought is that my mum did, because she isnt allowed a bank account (shes had financial problems before) and she probably had the card for mine. Well im guessing thats why im being rejected for credit, and i dont know what to do. I really need a loan, and i feel as if im being punished for something i definatly didnt do, but ill get kicked out if i confront my mother.
Any advice?
Signature down for maintenance :rotfl:
0
Comments
-
Hi I would post this again on the 'Debt Free Wannabe Board' as you may get more response there.
I don't know the answer to your question but they probably will on that board. They will also help you gain control of what money and debt you do have.
Good luck0 -
Welcome to the forums SaucySecrets :hello:
I've closed this thread as it's now been reposted on the Debt-Free Wannabe Board
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards