Needs 0% overdraft but poor credit rating

jaycee0408

I am applying a part time university foundation degree course, and I would need £1000 overdraft in a year to cover my travel expenses. But I don't know if it's possible to apply a 0% overdraft account to have a overdraft.

I have bad credit rating, not through bad debt or anything, is just when i turned 18, i applied a few credit cards and all application has been rejected. I have a few grands in saving, and my income is £1012 monthly, have a mobile contract.

Any advice would be appreciated. :j

JC

ILW

jaycee0408 wrote: »

I am applying a part time university foundation degree course, and I would need £1000 overdraft in a year to cover my travel expenses. But I don't know if it's possible to apply a 0% overdraft account to have a overdraft.. :j

JC

Not sure what you mean.

jaycee0408

ILW wrote: »

Not sure what you mean.

I saw the alliance and leicester current bank account which you can have 0% apr overdraft in a year, but I'm just wondering if I could have overdraft since I have got a bad credit rating.

CLAPTON

what does you credit file say about you?
why do you think you have a poor credit rating?

jaycee0408

CLAPTON wrote: »

what does you credit file say about you?
why do you think you have a poor credit rating?

I just applied for free credit rating report from experian, result should be back on monday. Reason being I have been rejected all the credit card application and I must've applied 5-6 credit cards.

CLAPTON

How long ago did you apply for the CC (18 year old are often rejected)

jaycee0408

CLAPTON wrote: »

How long ago did you apply for the CC (18 year old are often rejected)

The last time I applied must be 3 months ago.

ILW

jaycee0408 wrote: »

I saw the alliance and leicester current bank account which you can have 0% apr overdraft in a year, but I'm just wondering if I could have overdraft since I have got a bad credit rating.

Best bet would be to ask Alliance and Leicester.