too many applications

ianf1989

Hi i have applied for quite a bit of credit in the past 6 months
i have been lucky on some and unlucky on others can anybody advise if a company such as aqua or vanquis give credit to people who have a lot of searches on there credit report as i applied for a barclaycard intial and got rejected which confused me a bit so does that mean other high interest lenders would reject me aswell?
cheers

cifpower

I had a few searches with Vanquis when I applied and got accepted. Apply via Quidco for extra cashback

Innocent_Guy

How many searches do you have?

thriftymomma

Barclays may have different criteria to others so I would suggest trying vanquis or aqua.

ianf1989

Innocent_Guy wrote: »

How many searches do you have?

well i'm not exactly sure cause i haven't paid for me credit report yet (i'm investigating what to do about that as i already did me 30day trial in feb) but if i count back i would say in the last month 7-8, over the last six months, including those this month, 13-14 possibly more
i know i know it sounds really bad but it is easy to get into that spiral of your rejected and you apply again because you dont understand why a company would possibly reject you :-)

thriftymomma

(i'm investigating what to do about that as i already did me 30day trial in feb)


You can still order a paper copy of your statuatory report. Will cost you about £2 I think.

never-in-doubt

Put it this way, I got a mainstream card with over 150 searches in the last 6mths so anything is possible - yea, I had to appeal it but eventually got there!

Good luck.....

sscott5581

never-in-doubt wrote: »

Put it this way, I got a mainstream card with over 150 searches in the last 6mths so anything is possible - yea, I had to appeal it but eventually got there!

Good luck.....

Who gave you a card if you dont mind me askinh?

cifpower

It was Bank Of Ireland (Gold)

never-in-doubt

sscott5581 wrote: »

Who gave you a card if you dont mind me askinh?

Mate its all on the Vanquis/Sub Prime thread. I got citi gold (£2k) and Bank of Ireland Gold (£3k reduced to £2k then £1k cos of all my searches LOL)

So what that tells you is that Citi or ok when you get in, you're in but BOI are harder - they declined me and I had to appeal. Even then, they utilise the data retreived from CRA searches each month and reduce limit appropriately......

However, mine is due to being a new customer. Instead of giving me the downgraded card at higher APR they kept me on gold with reduced limit, after 6mth they will increase back up to the £3k minumum so long as I run my account with them satisfactory - they use internal behaviour scores I assume, after 6mths.....

Hope that helps

never-in-doubt

cifpower wrote: »

It was Bank Of Ireland (Gold)

Thanks mate

What happened with Tesco in the end then, did their 'additional verification' sting you like they do with me? Its because RBS still deal with them - when Tesco take full ownership they won't be as fussy! :eek: