Santander 123 account

innovate

innovate wrote: »

Go into a branch and apply in person.

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Gizmo247

innovate wrote: »

Please remember that a credit score from a Credit Agency is completely useless because nobody apart from them ever looks at it (and may be not even they do, because they have no real reason to).

The reason Santander turned you down lies elsewhere. Inconsistent address, not on ER, history with Santander (and/or their pre-decessor companies), inonsistent salry etc (ref "National Hunter" DB) - - - dozens of possible reasons.

The OP did post elsewhere about needing to retain a £7,500 overdraft facility so that does ring alarm bells to me.

fammoneymgr

What's an OP? I never use my overdraft!! I don't need it; just thought I shouldn't let it go but taking into consideration other comments, I'm happy to let it go.

macman

Original Poster (i.e. you).

innovate

Gizmo247 wrote: »

The OP did post elsewhere about needing to retain a £7,500 overdraft facility so that does ring alarm bells to me.

Yes, good point. Taking on someone unknown, for a credit account, when you know they already have £7.5K credit (and may be a lot more? e.g. on credit cards?) might well be one step too far.

Anyway, as I think I commented before: the OP could go into Branch and apply there if the account is needed/wanted.

Gizmo247

fammoneymgr wrote: »

What's an OP? I never use my overdraft!! I don't need it; just thought I shouldn't let it go but taking into consideration other comments, I'm happy to let it go.

If it were me, I would at least reduce it drastically although how one does that in the right way, I'm not sure.

A while ago, I trimmed all my OD limits to the bare minimum necessary to cope with a funding error but I'm not sure if the viewer of a credit file can see the difference between a voluntary reduction and a forced one by the bank.