Received a Mailshot (Halifax)..Better Chance?

Mustbeananswer??

Do they hold some positive information on me???

My score is 967 at the last viewing.....???

Want to make sure I don't trip up!!

[Deleted User]

Means you stand a resonable chance, as they will have done some pre-scoring on you before including you in the mail file. But remember, no guarantees (aprat from death and taxes, of course).

stephane_2

The mail shot as well as your score means absolute peanuts....does not mean anything. Stop wasting money on your experian or equifax score..

YorkshireBoy

Mustbeananswer?? wrote: »

Do they hold some positive information on me???

Do you have a Halifax/BoS current account?

xyellowx

op do you think they check every single mailshots recipients credit score before they post them?

Mustbeananswer??

YorkshireBoy wrote: »

Do you have a Halifax/BoS current account?

Nope!!

I've been pinning a lot on my 967 Score.....why was the previous chaps post so negative.....I thought thats what we awere all striving for.......

stephane_2

As previously said, your score means absolutely nothing, what will be crucial for a lender is your current level of debt compare to your income, available credit, account conduct, defaults, arrears, time with employer, time at address, electoral roll and many more that they won't tell us about and this is why experian or equifax have half of the information required to assess your current situation and that your score is just a number generated out of thin air....

YorkshireBoy

Mustbeananswer?? wrote: »

Nope!!

Then it's simply marketing!

I've been pinning a lot on my 967 Score.....

Don't! All it does is build your hopes up.

why was the previous chaps post so negative

Because credit scores mean nothing...until the people selling you them take on the risk by giving you a credit card/loan/etc. Only then will many of us give them any credibility.

Mustbeananswer??

YorkshireBoy wrote: »

Then it's simply marketing!Don't! All it does is build your hopes up.Because credit scores mean nothing...until the people selling you them take on the risk by giving you a credit card/loan/etc. Only then will many of us give them any credibility.

I already have other commitments that I am managing admirably.....AT THE MOMENT???£10,000 loan £5000 credit cards

Is that very much in my favour then??

stephane_2

If you have an income of 30k to 35k it is fine but if your income is only 20k then you would be considered as a high risk for any lender.....generally speaking most lenders do not like anyone having debt which is over 50% of their annual income

YorkshireBoy

Mustbeananswer?? wrote: »

I already have other commitments that I am managing admirably.....AT THE MOMENT???£10,000 loan £5000 credit cards

Is that very much in my favour then??

That's a significant debt. Does your income support such a debt?...bearing in mind 40-50% of income as debt would scare many lenders these days.

Home owner?
Time with bank?
Time in job?
Financial Associates?
No of dependants?

...are all thrown into the lenders credit scoring mix.