We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Barclays Internal Scoring

Frankel
Frankel Posts: 9 Forumite
I am 23 earning 24K a year and currently have access to the following...

MBNA Credit Card (£900 outstanding / £3000 Limit)
Natwest Credit Card (£1500 outstanding / £3000 Limit)
Barclays Platinum Credit Card (ZERO outstanding / £2000 Limit)
Barclays Credit Card (ZERO outstanding / £250 Limit)
2 x Barclays current accounts - both out of overdrafts

I have also just paid off a £5000 Barclays loan.

My credit score is not great due to some late payments back in 2008 with 02 (which I am disputing)

However, my Barclays Credit History is good.

Am I likely to be viewed as a good fit for another Barclays Loan when I apply next month? (5K)

Comments

  • NeverEnough
    NeverEnough Posts: 986 Forumite
    No-one can give you a definitive answer except Barclays themselves, but given that if successful, your credit limit will be more than 50% of your income it is unlikely that you'll get a 5K loan, particularly if there are adverse issues on your credit report, even if you are disputing them.....
    5K loans are not as easy to get now as they were a few years ago, and Barclays don't just look at your internal history with them, they definitely check the CRAs, I think Equifax is the one they use.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.3K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.