What should I do?

rvoice100

Hi guys, first post here,

I have 2 credit cards totaling 8000. I have been trying to apply for a 0% card (virgin) so I can really start paying some off. I have been unable to get one though through multiple companies. Even though my credit report on experian is good. I also tried getting a loan to consolidate my cards and pay them off but again it was rejected. What can I do? Am I just going to have to pay it the slow and painfully way? It sucks as I just got engaged and we were wanting to start saving for our wedding. Also got a letter today saying Santander are reducing my overdraft by 900 in 4 weeks. It doesn't rain it pours!

BugsyBrowne

To many applications will damage your credit,virgin you have to be a home owner..wait 6 months mate then just try again..

HouseHuntr

star-fire wrote: »

virgin you have to be a home owner....

Do you just make this rubbish up on the spur ?

BLT_2

Rvoice100 wrote: »

Hi guys, first post here,

I have 2 credit cards totaling 8000. I have been trying to apply for a 0% card (virgin) so I can really start paying some off. I have been unable to get one though through multiple companies. Even though my credit report on experian is good. I also tried getting a loan to consolidate my cards and pay them off but again it was rejected. What can I do? Am I just going to have to pay it the slow and painfully way? It sucks as I just got engaged and we were wanting to start saving for our wedding. Also got a letter today saying Santander are reducing my overdraft by 900 in 4 weeks. It doesn't rain it pours!

At least you don't have to worry about waiting until you go on your honeymoon to get well and truly fu**ed :-)

Multiple applications = reduced credit rating = screwed.

I think in your eagerness to resolve the problem you may possibly have made it worse, it may be that the multiple applications have actually alerted Santander to your predicament, therefore they have gone into self defense mode and reduced their exposure

rvoice100

That's what I thought, after being with abbey for 10 years then they screw me over. I just wish someone could make the decision to give me a loan or 0% card instead of a poxy computor. Anyone could seeit would help me reduce my debt not make it worse!

BugsyBrowne

HouseHuntr wrote: »

Do you just make this rubbish up on the spur ?

Oh hello d!ck head,you checked there virgin website sh!te for brains..:mad:

cifpower

star-fire wrote: »

Oh hello d!ck head,you checked there virgin website sh!te for brains..:mad:

I can't find a stipulation that you must be a homeowner

dizzyblonde82

star-fire wrote: »

,virgin you have to be a home owner..

Guess I should ask my husband where he keeps his house, as he has only just got a virgin card and we don't own our house!

BugsyBrowne

Right well this site is wrong then

Virgin Credit Card
Please Ensure That
You are currently employed
You are over 23 years of age
You are a homeowner
You have an income of over £20,000
You do not have any recent credit defaults (CCJ's, current arrears or missed payments) on credit cards / loans / mortgages
You are a resident in the UK and can prove residential addresses for the past two years...http://www.creditcardsweb.co.uk/cards-special/

cifpower

star-fire wrote: »

Right well this site is wrong then

Virgin Credit Card
Please Ensure That
You are currently employed
You are over 23 years of age
You are a homeowner
You have an income of over £20,000
You do not have any recent credit defaults (CCJ's, current arrears or missed payments) on credit cards / loans / mortgages
You are a resident in the UK and can prove residential addresses for the past two years...http://www.creditcardsweb.co.uk/cards-special/

Is that from MSE or Virgin? The latter says:

You can apply for a Virgin Credit Card if you can answer YES to these 3 questions:

• Are you 18 or over?
• Do you live in the UK?
• Do you have a bank or building society account?

BugsyBrowne

Ok you lot you have made your point i was only trying to help rvoice after i read about the homeowner thing..which i was obviously wrong about