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Credit Rating
pardal51
Posts: 427 Forumite
in Credit cards
Hi all,
Does anyone know whether my credit rating can be affected if I do the following?
I am thinking of opening a C/A with A&L to benefit from 5.5% and to possibly get a 0% C/C in Oct/Nov 2005, so I can BT from my Sainsburys by then.
I hold a C/A with Lloyds (which I use) and a dormant C/A with Barclays.
In the past month or so I was refused C/C with Egg and MBNA; but got the Sainsbury's one. Had 3 loan proposals refused, including one from A&L (I know I was silly to do that, and now need to wait a year to "clean" the searches on Experian).
I would like to know whether this string of refusals can affect a possible application to open a C/A with A&L? or should I wait for I while before applying?
Any comments/advice is very much appreciated!!
Cheers all
Does anyone know whether my credit rating can be affected if I do the following?
I am thinking of opening a C/A with A&L to benefit from 5.5% and to possibly get a 0% C/C in Oct/Nov 2005, so I can BT from my Sainsburys by then.
I hold a C/A with Lloyds (which I use) and a dormant C/A with Barclays.
In the past month or so I was refused C/C with Egg and MBNA; but got the Sainsbury's one. Had 3 loan proposals refused, including one from A&L (I know I was silly to do that, and now need to wait a year to "clean" the searches on Experian).
I would like to know whether this string of refusals can affect a possible application to open a C/A with A&L? or should I wait for I while before applying?
Any comments/advice is very much appreciated!!
Cheers all
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