Excellent credit rating but can't get credit?

RetailNic

Hi I've had my credit reports and I've an excellent crediting rating, however, I'm finding it difficult to get credit. I can't even transfer my credit card balances.....any ideas? Thanks

YorkshireBoy

Your income (which the people who have guessed your credit rating don't know) isn't high enough to service both your existing debt and the available credit that any new provider may give.

lisyloo

Yes bear in mind that if you are stoozing balances then you are asking for twice as much credit as you actaully want, but the lenders don't know this.
You might only be looking to use half (transfer from one to another) but they have to cater for the eventuality that you could use it all.