stoozing have i done a stupid thing ?

alwaystryyourbest

Hi i am starting my stoozing jouney,, so i can save intrest on my morgage, any way i appied for my 1st credit card in a while and then 2 days later appied for my 2nd.

!st one said i was excepted and to wait 10 working days to check the information was correct (nationwise )

2 days later just appied for( halifax)
one and said they would get back to me by10 days to say yes or no..

Should i of waited to see if i got my 1st credit card before trying to get another one ??

I have had credit cards over the years last one was 2 months ago but canceled that 2 months ago..

Is ther any long time snoozers out there to give me any advice on snoozing..

jamesd

It's OK. One of the approaches that is sometimes used is to apply for a few at the same time so they can't see if you got the other one.

alwaystryyourbest

Thanks for that ..

alwaystryyourbest

Up date got both cards, then also appied for a aa credit card and also got that one as well..:j don't know if my credit rating is good but i guess is must be to get 3 new cards in a month...


I think i will not need to get any more now but only to balance tranfer to different cards when the 0% runs out..

or should i try my luck and try to get another card ??

eschaton

alwaystryyourbest wrote: »

Up date got both cards, then also appied for a aa credit card and also got that one as well..:j don't know if my credit rating is good but i guess is must be to get 3 new cards in a month...


I think i will not need to get any more now but only to balance tranfer to different cards when the 0% runs out..

or should i try my luck and try to get another card ??

How are you going to fill these cards up? spending or BT's?

alwaystryyourbest

One card i have done a balance tranfer and put £2800 for 20 months..

second card i will spend on ..

and third i will also spend on..

eschaton

alwaystryyourbest wrote: »

One card i have done a balance tranfer and put £2800 for 20 months..

second card i will spend on ..

and third i will also spend on..

Well really all you need is one card at a time for spending. If you use up all of your available credit the now - what are you going to transfer to / spend on when these deals end.

Best spending a card to it's limit then just beforehand getting a new card and stop spending on the old card. Otherwise all cards will need to be paid off around the same time, give or take a few months, then you need to start again.

alfred64

alwaystryyourbest wrote: »

have i done a stupid thing ?

The short answer is Yes, you have.

alexanderalexander

alwaystryyourbest wrote: »

One card i have done a balance tranfer and put £2800 for 20 months..

second card i will spend on ..

and third i will also spend on..

all you've done is a kind of "app-o-rama" - http://en.wikipedia.org/wiki/App-o-rama

it won't have harmed your credit record permanently by any means, so don't worry on that score; by the time you need a new BT card these'll all be long forgotten. The only problem is what the previous poster pointed out -- you only need one card at a time to spend on, so you're wasting some of those valuable free months with your second spending card.

alwaystryyourbest

Hi thanks for replies, i no i don't need 2 credits card i applied for 2 because i thought i wouldn't get a high credit limit but i got £4600
so my spare card my partner is going to use. (so not wasted...)