refused credit by DFS

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  • JuicyJesus
    JuicyJesus Posts: 3,830 Forumite
    First Anniversary Combo Breaker First Post
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    Yes Mr jones but being self/employed doesn't mean you can't buy a comfy sofa on credit.

    It doesn't mean you can't, but statistically the self-employed are a poorer credit risk than those who are employed. Therefore a self-employed person, who might have a wildly variable income, might need to reach a higher "bar" than an employed applicant who has a consistent income month to month.

    This is just in generalities, obviously.
    urs sinserly,
    ~~joosy jeezus~~
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
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    Yes Mr jones but being self/employed doesn't mean you can't buy a comfy sofa on credit.

    Buying it from DFS doesn't mean you'll get a comfy sofa either!
    Space available for rent
  • Angry_Bear
    Angry_Bear Posts: 2,021 Forumite
    First Post First Anniversary Combo Breaker PPI Party Pooper
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    tommyjj wrote: »
    ... and have lived in 4 addresses in as many years.
    This could have a significant impact - especially if you're not on the electoral role.
    Do you not know that a man is not dead while his name is still spoken?
    ― Sir Terry Pratchett, 1948-2015
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