We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Current account searches
The_Boss
Posts: 5,864 Forumite
in Credit cards
Nope, not the wrong forum - this is a point relating to my cards.
Last June, a 'current account' search was performed on my Experian record - it was for an Alliance and Leicester account that I was applying for but didnt actually open. Its main selling point was an overdraft, though this is not recorded on the search.
Is this looked at by lenders when making a decision for credit cards? The reason I ask is that I shall wait for it to drop off if so. But if not, I am apply for another card for stoozing purposes in May. I am sure that it doesnt affect me, but then two weeks later I applied for a credit card and was rejected for the first time ever, which makes me think it has an effect.
Last June, a 'current account' search was performed on my Experian record - it was for an Alliance and Leicester account that I was applying for but didnt actually open. Its main selling point was an overdraft, though this is not recorded on the search.
Is this looked at by lenders when making a decision for credit cards? The reason I ask is that I shall wait for it to drop off if so. But if not, I am apply for another card for stoozing purposes in May. I am sure that it doesnt affect me, but then two weeks later I applied for a credit card and was rejected for the first time ever, which makes me think it has an effect.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards