Internal scoring - is it a myth?

Parki_2

Rbs also can overule a decline.

movingforward2010

if you have a savings account with your bank too it helps

Kavanne

Parki wrote: »

Rbs also can overule a decline.

just because they can, doesn't mean they will!

wee_me_4

Internal scoring is NOT a myth!! I work for a high street bank and we have screen we can look at to see if we can pre approve customers for c/c's etc. I suggest you contact yur local branch to see if they can offer that facilty to you.

never-in-doubt

neil9313 wrote: »

Close protection..............Now I am impressed.;) I take it you are not guarding your Electron card? :rolleyes:

lol, i dumped electron - http://forums.moneysavingexpert.com/showthread.html?t=1754981

Moggles_2

wxmlad wrote: »

if you have a savings account with your bank too, it helps

Unfortunately, there's no evidence that opening a savings account prior to a credit application has any effect.

If this were so, the fraudsters would all be at it

Kavanne

Moggles wrote: »

Unfortunately, there's no evidence that opening a savings account prior to a credit application has any effect.

If this were so, the fraudsters would all be at it

if there is money in it, it must help. i applied for a cc with hfax when I was 19 (so a few yrs ago, been closed since) and i got a huge limit (£3800) so it could only have been due to my savings with them.

Moggles_2

Kavanne wrote: »

If there is money in it, it must help. I applied for a cc with hfax when I was 19 (so a few yrs ago, been closed since) and I got a huge limit (£3800) so it could only have been due to my savings with them.

Well, you would think so, wouldn't you?

Yet IME, and from feedback here, applicants with savings in Halifax (and other banks) are frequently handed below-average limits.

YorkshireBoy

Kavanne wrote: »

if there is money in it, it must help. i applied for a cc with hfax when I was 19 (so a few yrs ago, been closed since) and i got a huge limit (£3800) so it could only have been due to my savings with them.

Nothing to do with irresponsible lending then?

Kavanne

YorkshireBoy wrote: »

Nothing to do with irresponsible lending then?

well I didn't get in trouble with it and it was a substantial amount (inheritance)