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999 Credit score - and rejected

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stebiz
stebiz Posts: 6,592 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Credit cards
Need a bit of advice. I was looking to do some stoozing but have applied for a few cards without any luck.

I did a credit search. No defaults, missed payments or CCJ's. Any advice? Bit embarrassing really.

1006.jpg
Ask me no questions, and I'll tell you no lies

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    A credit rating is more than just a number or a word! For example...

    Income?
    Total available credit?
    Total used credit?
    Any financial associates?...(dragging you down)
    On electoral roll?
    Time with bank?
    Time with employer?
    Time at address?
    No of searches last 3-6 months?
    No of searches last 6-12 months?
    Etc
    Etc
  • stebiz
    stebiz Posts: 6,592 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    YorkshireBoy wrote: »
    A credit rating is more than just a number or a word! For example...

    Income?
    Total available credit?
    Total used credit?
    Any financial associates?...(dragging you down)
    On electoral roll?
    Time with bank?
    Time with employer?
    Time at address?
    Etc
    Etc

    Income isn't really an issue. I am Self Employed though - but have been for about 17 years. Bank and Time at address over 10 years. Elecoral Roll yes - for about 15 years. Financial Associates - no.

    21% of credit resources of 10k in use.
    Ask me no questions, and I'll tell you no lies
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Who's declined you? And have you currently or recently had any dealings with them?
  • stebiz
    stebiz Posts: 6,592 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    YorkshireBoy wrote: »
    Who's declined you? And have you currently or recently had any dealings with them?

    I tried Capital One. I used to have a card with them but paid it off about 6 months ago and closed the account. I tried Halifax but they said that there was no offers on my account, at the moment.
    Ask me no questions, and I'll tell you no lies
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You said you'd applied for a "few" cards. You've only listed one there (the Halifax won't count as you didn't make an application, merely an enquiry as to offers on your account), so which others?

    Capital One have a 6 month wait if they decline you. I'm not sure if it's a 6 month re-apply time? This may have caught you out if they didn't close it immediately?
  • stebiz
    stebiz Posts: 6,592 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    YorkshireBoy wrote: »
    You said you'd applied for a "few" cards. You've only listed one there (the Halifax won't count as you didn't make an application, merely an enquiry as to offers on your account), so which others?

    Capital One have a 6 month wait if they decline you. I'm not sure if it's a 6 month re-apply time? This may have caught you out if they didn't close it immediately?

    Thanks. I'm still waiting for one that is being referred. But I guess that means a NO too.:(
    Ask me no questions, and I'll tell you no lies
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    stebiz wrote: »
    Thanks. I'm still waiting for one that is being referred. But I guess that means a NO too.:(

    Not always, I always say 50/50 if you get referred :)
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    This is a good read;-

    https://forums.moneysavingexpert.com/discussion/3158508

    especially Mr Herring's comments.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Evilm
    Evilm Posts: 1,950 Forumite
    I'm trying to find the thread and failing but I remember before seeing that a credit score of 999 wasn't a 'real' score? It was just a place holder for 'not enough information' or something?
This discussion has been closed.
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