We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
credit checks
ajds
Posts: 6 Forumite
in Credit cards
Hi, first post.
After getting my first job after many years of unemployment with no credit of any sort, I went to open a proper current account today and they wanted to upsell me a credit card. Since I was planning to get one in the near future for building my credit score sensibly, I took their advice - which was given after I stressed several times that I didn't want to risk failed checks on my report unless it was likely to go through. (The reason I didn't just open the current account online was because I was worried about the credit check failing, so that was the first thing I asked them.)
Predictably, the check failed. Obviously I had to give my consent for the check, but I'm just wondering if I have grounds for a complaint and whether it's even worth complaing about?
This was in Halifax and it was their Rewards card (0% purchaces for 12 months I think) they advised me to apply for, which I would not have even thought of possibly considering given my current credit circumstances. But I thought a (banking/financial/customer?) advisor would know better than me
After getting my first job after many years of unemployment with no credit of any sort, I went to open a proper current account today and they wanted to upsell me a credit card. Since I was planning to get one in the near future for building my credit score sensibly, I took their advice - which was given after I stressed several times that I didn't want to risk failed checks on my report unless it was likely to go through. (The reason I didn't just open the current account online was because I was worried about the credit check failing, so that was the first thing I asked them.)
Predictably, the check failed. Obviously I had to give my consent for the check, but I'm just wondering if I have grounds for a complaint and whether it's even worth complaing about?
This was in Halifax and it was their Rewards card (0% purchaces for 12 months I think) they advised me to apply for, which I would not have even thought of possibly considering given my current credit circumstances. But I thought a (banking/financial/customer?) advisor would know better than me
0
Comments
-
One search of your file will do your credit file no harm - after all it will just show as a search, not a decline or anything like that.
You will not get this taken off, as you consented, but really you dont need to get it off as it will do no harm and will drop off itself after 12 months.
You are right however, that you were never going to be approved for a prime card with no previous credit history. Did you get the account?
If so that will start showing on your file and help with building a good credit file for the future. Other easier to achieve options will be a starter card from Capital One, Or Vanquis. Get one of these, pay it off in full each month and in 6 to 12 months you should be able to approach your bank for a better rate card.0 -
You opted to apply, so no grounds to complain.
"Failed checks" don't show on your report, just checks, with no indication of whether it was accepted or declined.0 -
Thanks for the answers! I was under the impression there was such a thing as failed check so that's cleared that up for me.
Yeah I got the account, which is the main thing.
Lesson learned is a reaffirmation my belief to never trust a salesman.0 -
Lesson learned is a reaffirmation my belief to never trust a salesman.
Especially in a bank. Seriously I'm yet to speak to a personal banker who has a sodding clue about credit scoring, eligibility criteria, etc.
The last personal banker I spoke to said to me "Well I've got a higher risk score than you so I don't see why you're complaining". Yeah, you've got a higher risk score 'cos you ain't got a !!!!!!! clue how to run an account. I, however always keep my account in credit, have healthy turnover, and never incur a penny in charges.
(Still bitter about the way LTSB personal banker spoke to me t'other day)Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
0 -
I think you'll find that no separate credit card search was made of your file.
Halifax tend to do just the one current account search and may offer you a credit card based on the result of that one search.
Panic over?!
0 -
YorkshireBoy wrote: »I think you'll find that no separate credit card search was made of your file.
Halifax tend to do just the one current account search and may offer you a credit card based on the result of that one search.
Panic over?!
Nop. My friend was approved for the Reward account and applied for a CCard online straight after and two separate searches.Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
0 -
-
I think she made two separate searches. She definitely said so, at least.0
-
-
Perhaps they have changed how they do their scoring?Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards