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declined for loan. When is best to apply for 'bad credit' CC?
happytails
Posts: 1,554 Forumite
Well short version.
We applied for 0% CC in June with Vigin - declined.
Over summer went over our overdrafts a few times and the bank had to pay some payments which obv we got charged for. Didnt think too much of it in respect to our credit rating (how wrong i was!)
recently applied for a Santander loan and got declined.
When should i apply for a good 'bad credit' credit card? I was thinking in the new year, having not slipped up and incurred charges with the banks between now and then. Is this a good amount of time? We are hoping to have paid off 1 of our overdrafts (£1250) by then and close the account down totally with Halifax - i presume this will help alot?
Really feel our credit rating is shot atm and want to pick this up ASAP and sort out our debts.
Advice appreciated.
Thanks
Sarah
We applied for 0% CC in June with Vigin - declined.
Over summer went over our overdrafts a few times and the bank had to pay some payments which obv we got charged for. Didnt think too much of it in respect to our credit rating (how wrong i was!)
recently applied for a Santander loan and got declined.
When should i apply for a good 'bad credit' credit card? I was thinking in the new year, having not slipped up and incurred charges with the banks between now and then. Is this a good amount of time? We are hoping to have paid off 1 of our overdrafts (£1250) by then and close the account down totally with Halifax - i presume this will help alot?
Really feel our credit rating is shot atm and want to pick this up ASAP and sort out our debts.
Advice appreciated.
Thanks
Sarah
DFW Total £21,800 to clear by Dec 2022
MFW Total £184,950 £179,066 to clear by 2035
MFW Total £184,950 £179,066 to clear by 2035
0
Comments
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anyone?
Sarah xDFW Total £21,800 to clear by Dec 2022
MFW Total £184,950 £179,066 to clear by 20350
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