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Nationwide Cash Card + Basic Current Account Rejection?
Comments
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thebritishbloke wrote: »All current accounts show on credit files, regardless of any overdraft facility being in place or not.
We also have a Nationwide flex direct with a £3000 overdraft facility and has never show up on any of our credit files.0 -
That's strange, my Flex Direct and FlexPlus both show up on my files.We also have a Nationwide flex direct with a £3000 overdraft facility and has never show up on any of our credit files.Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.
ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.0 -
We also have a Nationwide flex direct with a £3000 overdraft facility and has never show up on any of our credit files.
Both of mine show up on my credit files, so its strange yours doesn't.
Did you open your original account many years ago then upgrade it to a FlexDirect account?Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:0 -
Thanks thebritishbloke and dr_adidas01, appreciate you taking the time to help.
Thanks for clarifying that. I am still confused as to my my credit score has dropped 3 points and the negative factor that’s appeared says ‘You have recently opened 1 or more new credit accounts’. I didn’t realise this could have an effect on my credit score, if there was no credit (no overdraft) available.
How could I regain those three points?
Thanks again!0 -
Don't worry, the credit score of a credit rating agency is a pretty meaningless number. What counts is the detail in your reports. E.g. it is preferable not to have any late payment markers, and to show some continuity.
http://www.moneysavingexpert.com/loans/credit-rating-credit-score?&_ga=1.195323940.946927082.1412175346#files0 -
Archi_Bald wrote: »Don't worry, the credit score of a credit rating agency is a pretty meaningless number. What counts is the detail in your reports. E.g. it is preferable not to have any late payment markers, and to show some continuity.
Ok, thanks Archi Bald!0
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