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Simon_Preston
Posts: 180 Forumite
in Credit cards
How do these work exactly? I'm imagining a script crunches up all the numbers and decides yes or no. But what does it look for?
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I think such system is highly confidential but I can imagine that it will be largely based on information in the credit file(s).0
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Like most databases -the answer is there before you start.0
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It uses a score card - Each piece of information adds to your score. If you reach the preselected number you will be approvedBank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
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