Appealing Credit limit with saving statements

Towen_2

1. It is common industry practice and I would expect any major lending organisation who is data driven (like Barclaycard are) to include DCM (or similar if Equifax are supplying) in their behavioural scoring models.

2. Barclays told me so when I was discussing the services Equifax could supply them with if we were to be their bureaux (when I was working for Equifax four years ago).

3. I have since been for an interview the run a team that creates behavioural scores for Barclaycard (about 2 years ago) and was again told by them that they used this data as a matter of routine

A default will impact your score, but that does not mean you will automatically fail. It depends on how important the model considers the default, how much for, when, on what product, is it satisfied, how else are you performing on their other product holdings etc.....A score is an overall assessment of which the default is and contributory factor. If it pulls your score down to average, maybe that is why they will not increase you credit limit above is current level, or maybe you don’t earn enough, or maybe you have too many outstanding commitments internal or external the Barclays, or a combination of all of the above...most scorecards look at least 12 different factors, so as many of 30, so it is unlikely that one factor will make or break a single decision, unless is really is at the margin.