HELP PLEASE - Rejected for CC

ludoctro79

We assumed if one turned us down all the other main ones do.

All that Santander see going through this account is about £5k a month as my husbands wage is with another account because he is employed by a USA company and paid in dollars and to get hold of them to give new bank details was a hassle

So we just set my wages in it, our bills come off it plus living money - he transfers a amount each month from his bank.

We only joined Santander in Dec to get the 123 account as heard it was good and worked out we could get some money on it from interest. Neither of us are very savy or clued up with savings etc hence why we mid 30's and just looking to buy first house now

Not that we have had debt or anything just wasted alot of money on rubbish.

I've made a appointment for financial advisor to discuss what we going to do and see about mortgage

We just panicking incase we get rejected , seems CC rejected us.

katejo

auntymabel wrote: »

It may be that you appears on paper to be likely to pay off your card every month so they won't make any money out of you. On the other hand, a mortgage provider will want a lender who will be a good payer. They're making their money anyway.

I pay my cards off every month but have had no problem with getting new cards . I have just got a new 0% deal with no problem

You-kip

Do you have an Overdraft with santander also you pair both earning good coin what banks have you been with with you being 30 I'm sure Santander is not your first bank?

ludoctro79

You-kip wrote: »

Do you have an Overdraft with santander also you pair both earning good coin what banks have you been with with you being 30 I'm sure Santander is not your first bank?

When we opened account they offered a O/D but we refused it as dont need it

I was with bank of Scotland prior to Santander since I was 16

My hubby has always been with Clydesdale and still holds a account with them

Dr_Cuckoo3

Replies from 14 different posters in this thread - are we still waiting for the correct answer or has it been posted somewhere in this thread ? :silenced:

Fishingtime

How can anyone here help if the Santander manager can't help

Dr_Cuckoo3

Fishingtime wrote: »

How can anyone here help if the Santander manager can't help

some of us know a trick or two

The_Boss

Fishingtime wrote: »

How can anyone here help if the Santander manager can't help

The Santander manager isn't very knowledgable about credit scoring by all accounts so lots of people can. The first thing he should have explained is the not just the data on the report is scored. And that everything looking ok on the report doesn't guarantee acceptance.

Hasn't this thread already been posted? I and others definitely made the same point in another thread.

The_Boss

Ahh yes - duplicate here. Which should be replied to?
https://forums.moneysavingexpert.com/discussion/4706447

It's deja vu all over again.

The_Boss

ludoctro79 wrote: »

Ok but I have been through the report with the bank manager and he can see no reason why either..? He said they just look at the credit report

Proof of a massive gap in his knowledge. Shambolically poor from a bank manager.