Excellent Score yet rejected..? HELP PLEASE

You-kip

The bit in your first post where you said" we took our credit reports in and the branch manager couldn't understand why you were declined"

This just shows that your branch manager was pretty clueless on how credit scoring works as they should of spotted that you had virtually no credit history of managing credit actually puts you in a higher risk bracket then those who've late payments with a credit history.

izools

ludoctro79 wrote: »

Just going to hold off applying for a CC for now, the manger at Santander been on phone he appealing to under writers and will hopefully get a reason why they are refusing

So maybe that will shed some light , I will let you know the outcome

Just as an indicator as to what a load of codswallop these scores are Experian CreditExpert rated me as "980 - Excellent" this time last year - with six defaults and a discharged bankruptcy order on my credit file.

A year has passed and James Jones Experian Company Representative has still failed to explain this.

Trajal

Sounds like an error to me. Never had a CCJ against me and less defaults and my 'score' (which I got free before I get my head bitten off!) was less than half that.

James is normally pretty decent at explaining things but I guess anything relating to either

a) individual circumstances or
b) questions about how detailed scores are derived

will be rather outside areas upon which he can comment.

You-kip

Trajal wrote: »

Sounds like an error to me. Never had a CCJ against me and less defaults and my 'score' (which I got free before I get my head bitten off!) was less than half that.

James is normally pretty decent at explaining things but I guess anything relating to either

a) individual circumstances or
b) questions about how detailed scores are derived

will be rather outside areas upon which he can comment.

James jones is actually really useless at answering questions as he fails to reply to 90% of posts that catch him out as he can't answer them.

The gullible will always listen to him though!

The_Boss

You-kip wrote: »

The bit in your first post where you said" we took our credit reports in and the branch manager couldn't understand why you were declined"

This just shows that your branch manager was pretty clueless on how credit scoring works as they should of spotted that you had virtually no credit history of managing credit actually puts you in a higher risk bracket then those who've late payments with a credit history.

Yep. A very poor bank manager not to be able to provide decent advice.

Trajal

You-kip wrote: »

James jones is actually really useless at answering questions as he fails to reply to 90% of posts that catch him out as he can't answer them.

The gullible will always listen to him though!

You'll catch more flies with honey than you will with vinegar.

He has answered direct questions from me twice now which has provided good reassurance. Of course I can only speak from my own experiences but I think that the level of passive aggression you have adopted in your comment to me is probably indicative of perhaps why you're not recieving responses.

You-kip

Trajal wrote: »

You'll catch more flies with honey than you will with vinegar.

He has answered direct questions from me twice now which has provided good reassurance. Of course I can only speak from my own experiences but I think that the level of passive aggression you have adopted in your comment to me is probably indicative of perhaps why you're not recieving responses.

Have you asked James Jones why people who are discharged BR with credit files littered with defaults get excellent credit scores and I just want a simple Yes or No from you???

Trajal

You-kip wrote: »

Have you asked James Jones why people who are discharged BR with credit files littered with defaults get excellent credit scores and I just want a simple Yes or No from you???

No, I was requesting information about the constituent elements of scores from certain providers, which he gave me directly.

Calm down.

izools

You-kip wrote: »

Have you asked James Jones why people who are discharged BR with credit files littered with defaults get excellent credit scores and I just want a simple Yes or No from you???

Having said that with all that data on there I have been able to obtain an Amex Platinum and loan at 5.9% APR so perhaps it isn't so inaccurate?

Personally though I think that's largely to do with me having moved so many times since my BR that Amex and the loan company didn't actually see the old adverse data on my credit file at all.