Advice- should I default to get a CC?

lynzpower

HI all

Its not as bad as it sounds! Dont worry

I have closed all my credit cards as I paid them off as I was becoming debt free.

I really need a credit card, as we want to hire a car in USA later this year. IN 08 we hired a car in the states on a debit card, but we paid well over the odds for it, and I reckon we spent over 100 quid extra on the car due to this ( as the cheaper places wouldnt hire to us)

I had tried to get a CC from my bank before I left for the US ( coop/ smile) and they refused as they are not giving out CCs atm.

OH was phoned from natwest a few days ago asking if hew wanted one, and he said YES! and they have written to him saying no.

Parents reckon that we are to good with money to be offered a CC- they wont make money out of us.

Our credit ratings are good, we have no debt apart from 0% ODs, that we sometimes use, we both have mobile phone accounts- paid in full on DD, and I have a next account. I got the next account hoping to get VIP sale.

Next are trying to charge me for a catalogue that I never recieved. I have not got round to sorting this out properly but I currently owe them about £4.00


IS it advisable to "default" on this next account - to make our CR slighlty worse, so we might be offered a CC?

If this isnt a goer Ill sort the next account out and not use it again.

Advice please!

anotherpaul_2

For £4? No, it's not worth having a default on your record.

Write to them and put it in dispute - I believe (possibly incorrectly) that they shouldn't record is on your credit history until it's resolved.

Personally, I'd probably pay the £4, close the account and write to customer services telling them why I'm never going to shop with them again. They'll probably refund the £4 as an act of good will anyway.

And, no, defualting isn't going to help you get a credit card. Just apply to someone else. There are plenty of companies that will want your trade.

TFD_2

lynzpower wrote: »

IS it advisable to "default" on this next account - to make our CR slighlty worse, so we might be offered a CC?

No. No. No. No. No.!

You won't have been declined a card because your credit rating is too good. You will have been declined because your overall credit score was too low.

CLAPTON

No .. pay the £4... OH is not being refused because his credit file is too good...CC companies make money out of good payers as the retailers have to pay commission... remember although it may not be true of these boards but about 50% of CC holders pay in full every month.

It's more likely (although you don't say) that he has no other CCs.
Get copies of credit files to see what's on them.
I would suggest you try your bank again or Cap one, barclay initial etc for 'beginners'.

seeya23

try flybe card

lynzpower

thanks for the advice

He did have debts but theyve been paid off!

Ill sort out the next account- its more that I havent got round to it more than anything else.

Its jsut driving me mad- it effects the CR doesnt it when weve been declined.

Is it less likely that we will get CCs where we have savings?

anotherpaul_2

Savings don't appear on your credit history, so they make no difference (except possibly with the bank you hold the saving with, though they may not be allowed to use that information.)

If you make lots of applications in a short period of time, it can be a problem. But the searches only stay on file for 12 months, so it's a short term thing. And if there's only been one recent search, another is unlikely to be a problem.

Richard_Cocks

Are you on the electoral roll? If you're not then sign up ASAP.

TFD_2

lynzpower wrote: »

Its jsut driving me mad- it effects the CR doesnt it when weve been declined.

Not as such, any application affects your credit rating, but there is no indication on the record whether it is an acceptance or a decline.

I_know_my_ABC_and_my_CMYK

Next tried to charge my son £4 for their cat too. He told them he didn't request it which he didn't so they wrote the £4 off. Phone them, worth a shot but not worth ruining your credit rating for. Well done for having no debt, must be a great feeling:)