Aqua Card Rejection Society...

karatedragon

I don't rent - I own without a Mortgage.

The application has a series of tick boxes - so I obviously don't fit their "critera" before they even do the searches.

PARIS_5000

The application pre -assess you at the beginning what did you put ?

Do you have any adverse ?

karatedragon

Nope No adverse, No CCJs, No defaults, No Bankruptcy, Own House, No Mortgage, VISA Debit Card, Overdraft that is never used.

I answered No to all their questions in the application except for the bank account one as I have a bank accoount

pjread

I was yes to bank account and credit card, and no to everything else.

Computer says no.

karatedragon

So what makes them say "yes"?

PROLIANT

karatedragon wrote: »

So what makes them say "yes"?

Maybe you did not fit their profile? Aqua is aimed at people with financial problems ergo Subprime lending, reading your posts you seem to be ok in that department?

Try Barclaycard, Sygma or your own bank.

PARIS_5000

karatedragon wrote: »

So what makes them say "yes"?

Aqua is for people who have bad credit or low credit rating. It sounds like you have a good credit rating which may be why they did not go ahead with your application.

I have a Aqua card but have a low credit rating because I am a student.

karatedragon

So they actually want people who might not pay.

Bizarre.

BugsyBrowne

karatedragon wrote: »

So they actually want people who might not pay.

Bizarre.

Like paris say mr dragon its a credit building credit card.
You own your home,not in debt
They dont want people who cant pay,they want people who always pay the minimum payment..
Oh i dont know TBH going to watch football results.

fozmcfc

The question is why would someone who by their posts so far, looks like they can get a 16.9% - 22.9% APR credit card with a £2000 + limit, want to get one that could be anywhere between 39.9% and 59.9% APR and offer a £500 - limit :eek:

Even if worried about being awarded a high limit, you can always put the limit down to a manageable amount, like what I have done with my Egg card.