Rejected for two ccs what now.

djtezz

I currently have halifax one card that my 0% ends in march, so looking to transfer my balance but have applied for both tesco and m&s and have been declined by both not knowing why,

As i have a job and have lived in my house for nearly 3 years plus i have never missed any sort of payments in the past.

Can anyone help!!!!

mum2one

Its the major problem called the credit crunch, also it could depend on your balance on the card, the other thing is that when a credit card company does a credit check it leaves a footprint on ur credit file, and as you have done 2 and been declined by both, I would suggest leaveing it 6 months then try again, sorry I fully appriciate that doesnt help the situ at mo, only thing I can suggest.

If you do desperately want to apply for a card have you tried a lifetime balance, think LloydsTSB do them.

chuckley

they are doing you a favour... time to start paying back!

djtezz

only have £500 on it unlike many people who have thousands. So isnt a huge deal just thought transfering the balance is what martin always says too do when possible.

chuckley

if martin told u to jump off a bridge would u do it?!

djtezz

no but as this site does say money saving expert i would guess he knows his stuff.

Only wanted to see if anyone was in the same situation.;)

Cash_Flow

djtezz wrote: »

no but as this site does say money saving expert i would guess he knows his stuff.

Only wanted to see if anyone was in the same situation.;)

Have you tried barclaycard? They seem to have money too burn;)

Robert_Sterling_3

chuckley wrote: »

if martin told u to jump off a bridge would u do it?!

No ... But then Martin would not tell you do something foolish.

Martin is recognised as being a leading money saving expert. :T :T :T

Merlinexcalibur

Erm. Just to say that as you have been turned down for 2 cards already the more you try to apply, the more times you get turned down will make it more difficult for you.

And I am not for one advocating anyone gets or applies for a credit card but you could try the Aqua Card. It's aimed specifically at anyone with a 'troubled' credit rating. But I'd be careful about how many you apply for as, if you get turned down by one, it's usually a good indicator for the next card. And so on. But look at the Aqua site. And, if you can't get one of those, given they cater for people with low credit - whether you consider you have a bad credit record or not; there are other factors you may never know of there in the background; some companies use stringent, and I mean stringent, checking nowadays and anything gets flagged it will go against you - then I would possibly stop applying for the moment.

It's not fact, it's just a suggestion.

diane29

i to have been refused 2 credit cards recently i have had a visa card for 20 + years no debts ever always pay in full each month i have checked my credit rating via the £2 fee no problems have lived at same address 20 years working for last 25 years home owner etc only reason i can think of is that they are aware they wont make any money from me, anyone any ideas

djtezz

am guessing they just arnt looking for buissness at the moment.


how can i work out how much intrest i will pay if i dont spend any more money on my card? my rates 19.5% after the 0% finishes.