GE Card 0 % Card Just Been Rejected

Albert_32

A strange one this - Just been rejected for the first time with the GE card 12 months interest free etc.

Really can't understand why, because I have my Experian file which has all +0 and:-

1) Full time work
2) Mortgage owner
3) On the electoral roll
4) Earn over +£40k

I will appeal, but in the meantime I am concerned that my credit card scoring will be damaged. Any advise would be helpful?

I had a Barclaycard about two years ago, and changed it after the 0% ended - Would it be possible to apply again, knowing that Barclaycard know that I am a credit tart.. I do have a current account..

Any help on these two questions would be grateful.

Cheers,

Albert

Bagpuss741

I was turned down by GE Money for this card last week. If I had been accepted I would have cleared my card in the 12 months, I'm now too scared to apply for anymore cards.

mattbass

There is a massive thread about the GE card a few threads down. Lots of similar stories you may find some answers in there.

Albert_32

Well Bagpuss, I am going to go for my bank Barclays and aim for the 0% card - They do know my 'Tarting' tendancies, as I had a card a few years ago. If they say NO I will close my account - fingers crossed it works out.

I will then go for broke and try the Virgin card - I have £5k on the card, I don't wan't to get hit with normal apr which would be expensive.

Cheers Albert

nomoneytoday

Methinks GE and Amex don't want "unprofitable" customers....

If you are a good risk and likely to pay them no/low interest they make it harder to join...

movieman

Methinks GE and Amex don't want "unprofitable" customers....

Well, would you lend money to people for a year for nothing?

That didn't cost them much when they could borrow it from Japan at 0% themselves, but now the Japanese are bringing their easy credit binge to an end, that's all going to change.

Albert_32

Maybe next time I should say drop my annual salary, and therefore look like a good candicate for being scr*wed over.

I think your right that times are changing, I will go to Barclays and try and force their hand. Thankfully I only need 6 months to clear my debts, I have had it good for too long some might say...