When applying for credit cards, what documents do you need to send?

Danny_G

When applying for a credit card, what documents do you need to send the credit card companies (if any?) - mobile bills, work-salary slips.....?

if so which card companies require you to send such details, and which usually dont?

cifpower

None unless you are not on the electoral roll and they want to verify your identity (you would be asked for a utility bill and/or bank statement)

Danny_G

cifpower wrote: »

None unless you are not on the electoral roll and they want to verify your identity (you would be asked for a utility bill and/or bank statement)

can anybody confirm this?

Debt_Free_Dreamer

I've never had to send anything.

They just check your credit file and as long as you are ok, you get the card.

Danny_G

Debt_Free_Dreamer wrote: »

I've never had to send anything.

They just check your credit file and as long as you are ok, you get the card.

How many cards do you have?, and which ones do you have?

Debt_Free_Dreamer

Tesco (for the Tesco points)
Barclaycard (my bank)
Virgin (for the 0%)
Egg Money (to stooze)
AMEX (for the cash back)


In the past...
M&S
Whiteroom (MBNA)
Mint (for the 0%)

Danny_G

Debt_Free_Dreamer wrote: »

Tesco (for the Tesco points)
Barclaycard (my bank)
Virgin (for the 0%)
Egg Money (to stooze)
AMEX (for the cash back)


In the past...
M&S
Whiteroom (MBNA)
Mint (for the 0%)

7 cards, and you havnt sent anything, thats good.

I thought companies are more tight now, and require documents or bills, or even payslips as proof?

no?

Moggles_2

Danny_G wrote: »

I thought companies are more tight now and require documents or bills or even payslips as proof?

Most credit decisions are computerised and lenders give instant decisions and credit limits to online and telephone applicants without the need for documents, provided that your identity, available credit and so on can be verified electronically via the credit reference agencies. These, in turn, collate data from public records such as the electoral register.

Danny_G

Moggles wrote: »

Most credit decisions are computerised and lenders give instant decisions and credit limits to online and telephone applicants without the need for documents, provided that your identity, available credit and so on can be verified electronically via the credit reference agencies. These, in turn, collate data from public records such as the electoral register.

What do you mean by available credit?

+ How can your available credit be vertified electronically,? how do they check it?

Moggles_2

Danny_G wrote: »

What do you mean by available credit? How can your available credit be verified electronically,? how do they check it?

Your available credit is the sum of the credit limits on the cards you currently hold plus any other credit facilities which are reported to the credit reference agencies.

Credit reports, when ordered directly from Experian (or Equifax) are invaluable. The guidance notes which the CRAs enclose are also a good read. The same info' is available online. For help, see page 1 of the *How to obtain credit reports* sticky.

Once you know what lenders will see, you are in a better position to improve their
opinion

Danny_G

wrangler5 wrote: »

It shows them what your credit limit is on any credit agreements on your credit file, so they can see what avaiable credit you have.

If they see other cards you have / (other credit)

can they turn around and say you already have credit, why do you want more, and reject for this reason (that i already have credit)?

+ i aint too sure on my total cards I have...so if i forget to mention some by accident, and they find out i didnt mention these, then whats the worse that can happen?

or nothing would happen?