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balance transfer

I just tried to get a balance transfer credit card using a link from this website, i have been declined the reason is as follows, "we feel that your current level of financial commitment (which includes loans, hp agreements credit cards etc) is sufficient for the income provided on the application form". does this mean that one has to get into severe debt before one can get a transfer to a 0%credit card. one confused person!!!:think:

Comments

  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    davealan wrote: »
    I just tried to get a balance transfer credit card using a link from this website, i have been declined the reason is as follows, "we feel that your current level of financial commitment (which includes loans, hp agreements credit cards etc) is sufficient for the income provided on the application form". does this mean that one has to get into severe debt before one can get a transfer to a 0%credit card. one confused person!!!:think:

    No debt no score.(simple)
  • Dabooka
    Dabooka Posts: 839 Forumite
    It's saying you've got enough credit already for your income level.
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