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Can't get accepted
lee111s
Posts: 2,987 Forumite
in Credit cards
Hello people,
I've had credit cards in the past and have a squeeky clean record, never missed a payment on anything and most of the time I clear the balance. I still have a open Lloyds TSB credit card that I use for emergencies but rarely use it to be honest. I had credit card companies begging me to take out their cards when I lived at home.
Since I took out a mortgage I can't seem to get accepted anywhere for a credit card? The mortgage isn't massive and was some 40k less than what the maximum the building society would lend me (sole applicant). I have about £750 a month after all bills and food is paid for so surely it can't be an affordability thing?
The only reason I'm looking for a new card is that there's a few bits and bobs I'd like to do around my new house and rather than saving up the £1500 or so I'd need, I'd like to buy the stuff on a card and then pay it off over a period of 4-5 months while in the interest free on purchases period.
Is it purely because I have a mortgage? Or because I've had 3 addresses in 2 years maybe? (parents moved then I moved out).
Any advice would be great!
Thanks
I've had credit cards in the past and have a squeeky clean record, never missed a payment on anything and most of the time I clear the balance. I still have a open Lloyds TSB credit card that I use for emergencies but rarely use it to be honest. I had credit card companies begging me to take out their cards when I lived at home.
Since I took out a mortgage I can't seem to get accepted anywhere for a credit card? The mortgage isn't massive and was some 40k less than what the maximum the building society would lend me (sole applicant). I have about £750 a month after all bills and food is paid for so surely it can't be an affordability thing?
The only reason I'm looking for a new card is that there's a few bits and bobs I'd like to do around my new house and rather than saving up the £1500 or so I'd need, I'd like to buy the stuff on a card and then pay it off over a period of 4-5 months while in the interest free on purchases period.
Is it purely because I have a mortgage? Or because I've had 3 addresses in 2 years maybe? (parents moved then I moved out).
Any advice would be great!
Thanks
0
Comments
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Are you on the electoral roll at your new property? Are your credit files still clean and correct? Not being on the ER makes a huge difference.Oh, you wee bazza!0
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That could very well be it!!! Thank you!
I'll print the form now and get it sent off!
Yeah my credit file is still clean, only had the mortgage a few months with no missed payments.0 -
How many applications have you made? The more applications made in a short space of time can also be a hindrance.0
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Only 2. It's just bizzare that I had then hounding me a few months ago and now when I'd like one I'm not having any joy. Think I'll just do things a bit at a time and forget it.0
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You have took a massive commitment recently, and the companies just want to make sure you can cope with the mortgage first (I was told to wait 6 months at least before applying for anything).
Also the electoral roll will help0 -
Great thanks for the advice
0
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