How i got my Tesco Clubcard Credit Card - with poor credit

Ben8282

I_Beat_the_system wrote: »

Hi folks, First post here , and it's a good one. Here I will tell you "How I got my Tesco Club Card Credit Card - with poor credit"

I like you like the idea of getting points to earn and exchange for cash or goods. I shop at Tesco, I get my fuel from Tesco. I spend a lot at Tesco.

Seen the card , liked the terms and I can manage them well. My job involves a lot of driving so I spend about £80 in fuel a week.

Wife spends £500 a month on food at Tesco.

I have a poor credit and I'm currently in my 4th year or the 6 of a default I had on my file.

My file is 100% clear, Al settled, and no debt owed. I have a Cap one Credit Card had that for years and always been good with it, ( Just increased my limit recently)

I know I was going to get declined. I know.

So I still applied , Like many of you I went online completed the details and hit next.

"Congratulations, we can give you £400 but further checks are needed."

I thought great ill have that , they must have seen my club card points and thought I'm a big spender.

Few days that all changed. I got a letter simply saying NO and no £400 nothing.

I wrote a letter and with it sent a copy of my credit file showing them it's all clear and I can afford it.

Tesco wrote back a few days later and said NO.

It was daft sending them the report as they see that already. So how could I get one. and prove I can manage a card , even a £400 limit.

Having Tesco on your file as accepted is good , it means you can get credit. And Tesco are good to have on your file.

So I wrote another letter this time I sent in recorded delivery

• 6 months bank statements
• 6 months credit card statements
• 6 months wage slips
• A letter from existing card company increasing my limit

No Lender really has this information. SO how can they just judge from a credit file which has no real reflection on your current circumstances.

This was my only chance....

5 days later I received a letter envelope with all my posted items and no cover letter. I though it's a defo no again.

3 days later I received another letter from Tesco Finance, Guess what.... It had a pin number for my New Tesco Club card Credit card with a limit of £400. YES . I did it .

Simple as that.

The point is I might have a bad credit file , but if I can prove I have funds now, and money in and out of a bank account I had a better chance.

Clearly this won't work for all of you if you have nothing over the past 6 months on income coming in.

But most of you like me and others I know it WILL WORK.

This is a not a trick, or some scam. It just a thing called. "Revaluating your application"

If wanted I have copies of letters sent and received to give you an idea what to do.

Good luck, and happy shopping.

You got this card by getting down on your knees and licking their ****.
Why do you want this card so much? In your place I would have accepted the first 'no' and taken my business somewhere else.
But congratulations on getting what you wanted though.

auto-man

I_Beat_the_system wrote: »

Thats right Hello2007, my file shows all clear except one Natwest. Default from 2007 .

Same group that issues Tesco cards :rotfl:

Yet more proof of irresponsible lending, when you still owe the same group money from the old default. Just goes to show you doesn't it!

All the same well done.

Miss_Marple_2

auto-man wrote: »

Same group that issues Tesco cards :rotfl:

Yet more proof of irresponsible lending, when you still owe the same group money from the old default. Just goes to show you doesn't it!

All the same well done.

He doesn't owe the same group money - as he said above, the default is settled.

clairbear1000

Thanks OP, its a really interesting point as I have a settled default from 2009 that is just sitting there, and I'm wondering once I've paid my final debt off in a few months, what I can do to improve my credit rating.
As far as I can see, I just have to wait it out the full 6 years, but I should have a lot of savings and green ticks each month but still be the 'dodgy' list (and quite rightly so).
Is it that when you get to the latter end of the 6 years they are more lenient?
If only I had learnt all the stuff I found out here a bit earlier, I wouldn't have the default.:money:Oh well, you live and learn!

PurplePow

I'm also waiting for a default to drop off, it's on my credit report by a debt collection agency. I recently gave it a go at applying for this card and I was accepted immediately with a £1,000 credit limit! I was very confused and got a copy of my credit report recently, and the entry from the DCA has vanished? Not sure how that's happened.

auto-man

Miss_Marple wrote: »

He doesn't owe the same group money - as he said above, the default is settled.

But it's the same group that added the default! Settled or not matters little in the grand scheme of things.

Miss_Marple_2

auto-man wrote: »

But it's the same group that added the default! Settled or not matters little in the grand scheme of things.

Maybe, but he doesn't actually owe them any money - it was fully paid over 2 years ago. Presumably they are happy to give him another go. If that's what the OP wants, good luck to him. He appears to have worked hard to get himself out of debt and rebuilding his credit history, so fair play to him. Plus if what he is saying helps others, then all well & good.