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Cashminder account referred?!?!?
arrowarra
Posts: 34 Forumite
Following advice on here I have applied for a Cashminder a/c with the co-op but it has been referred! What can I do if it declines? Why would it decline - its a basic a/c isnt it?
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Did you tell them you wre about to go BR?When I joined, I needed a name. The forum members gave one to me...I am INAN
"Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt0 -
Hi arrowarra
Yes, this happened to myself and DH too. I applied for a joint account for us with the Co-op. I applied by phone and advised the very helpful chap on the phone that DH and I were going down the BR route and he said the application would be referred but it wasn't something to worry about.
A few days later we got a letter saying they were pleased to be able to tell us that the application had been approved.
Hopefully, this will be the case for you too. Try not to worry in the meantime - easier said than done, I know.
TtDQ0 -
It is quite common for this to happen, (although it didn`t to me) as long as you are on the electoral roll, and the Coop were not one of your creditors I would not worry.:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
Don't panic just yet, I'm pretty sure mine was referred before it was accepted
If it does get declined, there is a basic barclays account that is br friendly but just hang on a few days for the decision0 -
over 90% usually are referred...dont panicWe all die. The goal isn't to live forever, the goal is to create something that will0
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i was referred but they approved the account! I'm sure you have nothing to worry about!0
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I am a little calmer now - thanks all for your quick replies! fingers crossed eh?0
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from what I've read on similar threads this is just a technicality, fingers crossed for you.2019 MFW No. 74 £13700/£30000 (45.66%)
12k in 2018 No. 98 £6274.19/£18000 (34.85%)
BTL (start) £97440.00 (current) £68000.00
Residential (start) £275000.00 (current) £268000.000 -
Mine was referred to and I got accepted (bankrupt at time). When asked lady how come it was referred she advised its because we dont do a credit scoring on cashminder as with customer having bankruptcy / IVA on credit file it would be declined so the referred bit means that the application is manually processed and nothing to worry about.0
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Mine was reffered also then a few days later a letter saying approved, so don't worry :j0
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