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999 credit score out of 1000 and STILL cant get a loan.

Eupho
Eupho Posts: 1,259 Forumite
in Loans
Anyone else experienced that?
Does anyone know why that is? :confused:
Very proud of trying to deal with my debts. LBM 04/09
:T
[STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
DMP mutual support member 309. NSD 12/12
«1

Comments

  • nej
    nej Posts: 1,526 Forumite
    Happened to me, too. Score of 985 or thereabouts and declined by Egg. Tried with Nationwide who were happy to accept me and offered to lend me far more if I wanted it.
  • Eupho
    Eupho Posts: 1,259 Forumite
    hmmm.. I wonder whats causing that then.. *It says your score is higher than 80% of the UK comsumers applying for credit* (AMAZINGLY!! hahaha)
    I'll look into Nationwide now then.. thanks for that :)
    Very proud of trying to deal with my debts. LBM 04/09
    :T
    [STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
    to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
    DMP mutual support member 309. NSD 12/12
  • tom188
    tom188 Posts: 2,330 Forumite
    These scores are completely meaningless as each company use their own assessment criteria. I hope you did not pay for them.
  • Eupho
    Eupho Posts: 1,259 Forumite
    tom188 wrote:
    These scores are completely meaningless as each company use their own assessment criteria. I hope you did not pay for them.
    Of course not, Im an MSE-er now ;)
    Very proud of trying to deal with my debts. LBM 04/09
    :T
    [STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
    to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
    DMP mutual support member 309. NSD 12/12
  • Eupho
    Eupho Posts: 1,259 Forumite
    ohh AND... Egg just turned me down too. :mad: Thats my credit report up the swanny for a while now then.. two tries in one day :cool:
    Very proud of trying to deal with my debts. LBM 04/09
    :T
    [STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
    to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
    DMP mutual support member 309. NSD 12/12
  • specs_3
    specs_3 Posts: 102 Forumite
    Eupho wrote:
    Anyone else experienced that?
    Does anyone know why that is? :confused:


    Since you were on the DFW board a while back saying that you were in 38k in debt, I wouldn't pay much attention to your score. If ever there was a reason not to believe them(scores) this is.
    I am desperate for acceptance, please hit the 'thanks' button.
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    Is it affordability rather than credit score

    affordability is a big thing when borrowing money of course!
  • Eupho
    Eupho Posts: 1,259 Forumite
    specs wrote:
    Since you were on the DFW board a while back saying that you were in 38k in debt, I wouldn't pay much attention to your score. If ever there was a reason not to believe them(scores) this is.

    Ahh I see.. I was trying to get something to cover most of them.. Ive never missed a payment and have no bad marks at all on my file. Everything is paid on time. So I assumed showing that as much as I have alot of debt, I have always been able to pay it. I thought that would help me. Clearly not then. :rolleyes:
    Very proud of trying to deal with my debts. LBM 04/09
    :T
    [STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
    to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
    DMP mutual support member 309. NSD 12/12
  • BONJOEY
    BONJOEY Posts: 819 Forumite
    eupho id leave at leat 4 months before you try again, to many searches close together will look desperate.....

    you might have 2 much avalble credit or outstanding balances even if you pay them off.
  • Eupho
    Eupho Posts: 1,259 Forumite
    BONJOEY wrote:
    eupho id leave at leat 4 months before you try again, to many searches close together will look desperate.....

    you might have 2 much avalble credit or outstanding balances even if you pay them off.

    Yeah good idea... thankyooo :)
    Very proud of trying to deal with my debts. LBM 04/09
    :T
    [STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
    to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
    DMP mutual support member 309. NSD 12/12
This discussion has been closed.
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