Credit report: I don't want to leave too many footprints

I'm interested in getting a 0% credit card, for the purpose of stoozing.
My credit rating has had tiny bit of bashing (victim of ID fraud, equals varies credit searches and credit accounts opened) which I am in the process of sorting out.
I'm not in any form of debt, I have savings, and I rarely go into my overdraft, that is how I know I can think about stoozing.

Now my question is, As of now I am starting a blank page with my credit score. Which means, I will not apply for credit etc etc.
How long is it suggested that I should wait from my last credit search/credit application until I apply for a credit card?
Save in 2013: #166: 9,122.51/[STRIKE]5,000[/STRIKE] 10,000
Interest earned in 2014: £257.61 20/04/14

Replies

  • hello rox
    When you apply for credit or a other lenders.
    1. You must not to made a application for credit or others. this will damage your credit score and also your searches will be marked a warning to the lenders. You have to wait for 3 or 6 months so the score will be increase.
    2. check your CRA every week or most cra do a text alert or email alert
  • rb10rb10 Forumite
    6.3K Posts
    I'm interested in getting a 0% credit card, for the purpose of stoozing.
    My credit rating has had tiny bit of bashing (victim of ID fraud, equals varies credit searches and credit accounts opened) which I am in the process of sorting out.
    I'm not in any form of debt, I have savings, and I rarely go into my overdraft, that is how I know I can think about stoozing.

    Now my question is, As of now I am starting a blank page with my credit score. Which means, I will not apply for credit etc etc.
    How long is it suggested that I should wait from my last credit search/credit application until I apply for a credit card?

    It is impossible to say, without knowing exactly what your credit report shows (from before and during the identity theft), and what the requirements are of the card that you're taking out.

    If your report has any negative markers on it as a result of the ID theft (missed payments etc), then make sure you get those corrected before applying for anything else.

    Otherwise, if it's just new accounts being opened and searches being carried out, your credit history is otherwise good, and any new credit products opened during the ID theft period are showing as closed/settled on your credit report, then you may well be able to open a new credit card account now.

    If you do apply, and are rejected, then I would suggest appealing to the card company - let them know the situation and they will manually reprocess the application.
    iaintw wrote: »
    hello rox
    When you apply for credit or a other lenders.
    1. You must not to made a application for credit or others. this will damage your credit score and also your searches will be marked a warning to the lenders. You have to wait for 3 or 6 months so the score will be increase.

    I'm not entirely clear on what you mean in your post, but searches certainly don't have a significant impact on credit applications. And without knowing the ins and outs of the OPs credit history (both prior to the identity theft and during it), and what card they are applying for, it's impossible to say that in "3 to 6 months the score will increase".
  • I didnt realise that having some commit ID theft would affect your credit score.

    This is really important to me as I am hoping to get a mortgage in the springtime.

    I have a good credit history but in August someone used my Halifax credit card number in America (I was in the UK at the time).

    Reported and all sorted really quickly but I wonder if this will have any impact on me? Never been subject of fraud before.
  • rb10 wrote: »

    If you do apply, and are rejected, then I would suggest appealing to the card company - let them know the situation and they will manually reprocess the application.

    Thanx for your reply, I did apply and got rejected, but this was before the mess from id fraud was cleared. So I'm not too sure whether to appeal like you have mentioned.

    I have managed to clear up all the ID fraud, but now I'm waiting on my credit reports to ensure that everything on there is what I have done.
    Save in 2013: #166: 9,122.51/[STRIKE]5,000[/STRIKE] 10,000
    Interest earned in 2014: £257.61 20/04/14
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