Declined twice for new credit cards

Tixy

Sort out the address issue with Experian.
Then you could try a single application in say a month once the address is resolved and shows as such on your credit file. If you are declined I would definitely wait a futher 4-5months.

If you are still declined in 6months then its probably for another reason (e.g perhaps affordability?). As a rough guide for you in terms of affordability, people tend to start to struggle to get accepted for new credit if that new credit plus their existing debts and any unused available credit exceeds 50% of their gross annual income.

What is it that you think the banks didn't make clear?

Knackered

Tixy wrote: »

What is it that you think the banks didn't make clear?

Just in case there was a rule about minimum income or something elseI wasn't aware of which failed my application, given that it flunked even before they got round to credit checking me.

This is infuriating, I'm trying to reduce my debt here, not increase it :mad:

Treadmill

Are you on the electoral roll ?

grumbler

Knackered wrote: »

...I'm trying to reduce my debt here, not increase it :mad:

Well, for lenders it obviously looks differently.

Meanwhile have a look at Martin's 'guide': Credit Ratings

sfax

Knackered wrote: »

Just in case there was a rule about minimum income or something elseI wasn't aware of which failed my application, given that it flunked even before they got round to credit checking me.

This is infuriating, I'm trying to reduce my debt here, not increase it :mad:

Experian showing your old address is a big problem. Tesco definitely search Experian so I'm not surprised they rejected you.

chanz4

creation.co.uk about only option