LLYODS TSB LOAN - soft search APR = rejection?

DCFC79

Keep us up to date OP,

I-Promise-To-Try

OP - what happens when you click on the apply for credit card option?

BugsyBrowne

I-Promise-To-Try wrote: »

OP - what happens when you click on the apply for credit card option?

I'm not understanding this one.

stclair

I always thought if you had CPD that the option would not be their to apply.

Otherwise you could just apply in the normal way.

Hunterz1_2

Hi guys, well, well well. I phoned up and firstly asked if there were any offers on my account. They said I have an credit card offer. I wasn't going to go through with the application but I did because I thought, the offer would be gone and wouldn't come back.

They said I have no offers for a loan but a CPD for a loan, but for a credit card. I am good to go.

Applied for it, asked what kind of limit I wanted, asked for £2000 because sick of the crap small limits I'm getting. Application went through fine, choose the Duo Avios/premier card with an INITIAL limit of £500? = Does this mean the limit will be £500 or it could be anything?

Just got to sign the form. That's it.

Needed a loan for a new car but looks like I won't be getting one, for awhile anyway. I'll do without.

Lloyds looks like a good bank, think I'll move everything over to them from HSBC. HSBC seem to bloody strict.

stephane_2

The limit will be £500....not really worth it IMO

stclair

stephane wrote: »

The limit will be £500....not really worth it IMO

Is that a low limit compared to what they would normally offer or is it the norm for lloyds?

stephane_2

Probably not the norm....but possibly due to lack of account history with Lloyds or negative info from CRA.

BugsyBrowne

Hunterz1 wrote: »

Hi guys, well, well well. I phoned up and firstly asked if there were any offers on my account. They said I have an credit card offer. I wasn't going to go through with the application but I did because I thought, the offer would be gone and wouldn't come back.

They said I have no offers for a loan but a CPD for a loan, but for a credit card. I am good to go.

Applied for it, asked what kind of limit I wanted, asked for £2000 because sick of the crap small limits I'm getting. Application went through fine, choose the Duo Avios/premier card with an INITIAL limit of £500? = Does this mean the limit will be £500 or it could be anything?

Just got to sign the form. That's it.

Needed a loan for a new car but looks like I won't be getting one, for awhile anyway. I'll do without.

Lloyds looks like a good bank, think I'll move everything over to them from HSBC. HSBC seem to bloody strict.

At least you are not CPD 99 where no lending products are available and your CPD on loans can change so next month you may be eligable for a loan.

Hunterz1_2

Yeah I am thankful there is no CPD99 on my account but a little disappointed that they've only gave me £500 because I wanted to get out of these LOW PRIME CC'S and get a decent card, with a decent limit.

I guess you never know, 6 months in, they'll probably bump it up to £1200 or even more...