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Default - CC application to same company.

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I defaulted in 2003 to Halifax.
The debt was settled, and removed from my credit record in 2008.

I have a 4.8k balance with a Virgin card, which is now coming to the end of the 0% period.

I see Halifax have a good deal on their gold card.
Would there be any problems with me replying to Halifax - would they turn me down as I defaulted with them in the past, or do they just go on the credit score (which Credit Expert tells me is now 999!)

Comments

  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
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    they may still have you on file, I gave you a 1000 score by the way
  • Tixy
    Tixy Posts: 31,455 Forumite
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    They won't just go on experian's credit score. They will assess you on all the normal criteria, ie your credit report, your existing debts and credit available and you income and other finances etc.

    But a default from over 6years ago, even with the same company shouldn't affect the chance of you being accepted.
    A smile enriches those who receive without making poorer those who give
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  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
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    Guderian44 wrote: »
    I defaulted in 2003 to Halifax.
    The debt was settled, and removed from my credit record in 2008.

    I have a 4.8k balance with a Virgin card, which is now coming to the end of the 0% period.

    I see Halifax have a good deal on their gold card.
    Would there be any problems with me replying to Halifax - would they turn me down as I defaulted with them in the past, or do they just go on the credit score (which Credit Expert tells me is now 999!)

    Before you start applying for cards think the best thing to do is try and get your 15k credit card debt down a bit,
  • king100
    king100 Posts: 1,565 Forumite
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    Tixy wrote: »
    But a default from over 6years ago, even with the same company shouldn't affect the chance of you being accepted.


    You would like to think so.

    Apply and see!!!
    I all have learnt is from others on many sites.
    Seek legal help if unsure.
    Dont pay Private Parking tickets - they are mere invoices.

    PRESS THANKS
    }
  • Guderian44
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    star-fire wrote: »
    Before you start applying for cards think the best thing to do is try and get your 15k credit card debt down a bit,

    You think??!! :rotfl:

    That's kinda what i am trying to do - re-sort the cards so I can swap debt on those I am paying interest on for a 0% deal.

    Therefore any payments (even the minimum) will go towards paying off the debt, not going up in the air in interest!
  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
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    Guderian44 wrote: »
    You think??!! :rotfl:

    That's kinda what i am trying to do - re-sort the cards so I can swap debt on those I am paying interest on for a 0% deal.

    Therefore any payments (even the minimum) will go towards paying off the debt, not going up in the air in interest!

    Oh i see where your coming from ,i am just thinking 15k already on your cards what sort of limits would new credit cards give you.
  • Experian_company_representative
    Experian_company_representative Posts: 2,134 Organisation Representative
    First Anniversary Combo Breaker
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    Let me just clarify that the Experian Credit Score that is available to subscribers of our online service is not provided to lenders. It is a guide for consumers only. The credit report scores provided to lenders take account of additional factors such as data about anyone you're financially linked to.

    When lenders weigh up new applications they usually take three sources of data into account 1) credit reference agency info 2) your application form info and 3) internal records if you've been a customer before. In relation to the latter, there is nothing to stop lenders retaining their internal behavioural data for longer than six years if they can justify it in data protection terms. As a result, I think it's entirely plausible that this lender would be aware of your previous default with them, so it might be sensible to look elsewhere.

    James Jones
    Official Company Representative
    I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"

    Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen
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