Credit cards

ShazW

Altho I have good credit was turned down for credit cards a few months ago-think because applied for 2 many in short period- how can i find out which ones I applied for and when so know how long to wait before reapplying?? Or is it best to apply with someone totally new and if so how long should I wait??

BugsyBrowne

ShazW wrote: »

Altho I have good credit was turned down for credit cards a few months ago-think because applied for 2 many in short period- how can i find out which ones I applied for and when so know how long to wait before reapplying?? Or is it best to apply with someone totally new and if so how long should I wait??

Bit of a strange one that is, I have good credit but keep getting turned down.

Somotayo

you can check your credit report to see how many searches you have had in the past 12 months. It is usually a good idea to keep credit searches at least 6 months apart. One should avoid getting into the pattern of applying getting rejected applying again and getting rejected again.......
There are so many factors creditors consider when applying for credit
Income, Length at address, being on the electoral -roll, currently available credit, credit to income ratio, previous searches, payment history and so on. You can analyse your credit report to have a better understanding of why you why you were not accepted.

armyoftwo

Somotayo wrote: »

you can check your credit report to see how many searches you have had in the past 12 months. It is usually a good idea to keep credit searches at least 6 months apart. One should avoid getting into the pattern of applying getting rejected applying again and getting rejected again.......
There are so many factors creditors consider when applying for credit
Income, Length at address, being on the electoral -roll, currently available credit, credit to income ratio, previous searches, payment history and so on. You can analyse your credit report to have a better understanding of why you why you were not accepted.

I agree with Somotayo. If I was you, I would not apply for any credit products for atleast 6 - 12 months (12 months+ would be ideal).

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