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pardal51 Posts: 427 Forumite

10 January 2005 at 4:53PM 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

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