Thought CRAs are only 6 years? Possible Barclaycard blacklist?

Wheres_My_Cashback

Loki1000 wrote: »

Hey everyone,

Newbie on here be kind. I applied for a Barclaycard earlier this week and didn't receive a instant decision. I thought my chances were decent to be accepted. So got a letter through yesterday stating I was not accepted because of "breaking T&Cs from a previously held account due to leaving a outstanding balance" or words to pretty that effect, not got the letter in front of me.

Now, their reason is valid, I did hold a Barclaycard pretty much as soon as I was 18 and ran it well initially but then hit my 20s and got daft and struggled to pay and eventually buried my head in the sand and blah blah blah. It was never paid, even once passed onto a debt collection. So I can't argue with their reason which is fair enough.

However, I'm now in my 30s, have a decent salary and mortgage with mainstream cards RBS, MBNA, Amex etc. My CRAs are all perfect now, all greens for past 6 years, good dent in mortgage, electoral roll and only moved once in 6 years.

So that leaves me to assume, Barclaycard have a little black book. Surely this is against the rules? If they don't want to lend to me, I get it I done them over before and they're entitled to refuse me. But on the grounds of a old account 6+ years out with CRAs? Other lenders have have me a second chance and I'm now being a good customer for them so just very surprised that Barclaycard keep records that long and what I'm not sure about is if they are allowed to refuse you for that reason they stated on the letter? Just seems pointless in the 6 year rule if black books are still used, thought blacklisting was a myth?

If you lent your mate £20 a few years ago and you never got it back/had trouble getting it back would he still be your mate or would you lend him another £20?

meer53

Banks don't have to provide a reason for refusing to lend to you. Even if you've never borrowed from them before.

antonymp

I was in a similar situation as Loki1000 in my early 20's I was stupid with Credit Cards, now over 10 years on I'm a lot more wiser, so back in November I applied for a Halifax Clarity Card which I thought with all certainty I wouldn't get excepted for as their part of the same group I've previously owed money to, but fortunately they did accept me so it goes to show maybe some company's do have longer memories than others?

amstel2

Loki1000 wrote: »

Hey everyone,

Newbie on here be kind. I applied for a Barclaycard earlier this week and didn't receive a instant decision. I thought my chances were decent to be accepted. So got a letter through yesterday stating I was not accepted because of "breaking T&Cs from a previously held account due to leaving a outstanding balance" or words to pretty that effect, not got the letter in front of me.

Now, their reason is valid, I did hold a Barclaycard pretty much as soon as I was 18 and ran it well initially but then hit my 20s and got daft and struggled to pay and eventually buried my head in the sand and blah blah blah. It was never paid, even once passed onto a debt collection. So I can't argue with their reason which is fair enough.

However, I'm now in my 30s, have a decent salary and mortgage with mainstream cards RBS, MBNA, Amex etc. My CRAs are all perfect now, all greens for past 6 years, good dent in mortgage, electoral roll and only moved once in 6 years.

So that leaves me to assume, Barclaycard have a little black book. Surely this is against the rules? If they don't want to lend to me, I get it I done them over before and they're entitled to refuse me. But on the grounds of a old account 6+ years out with CRAs? Other lenders have have me a second chance and I'm now being a good customer for them so just very surprised that Barclaycard keep records that long and what I'm not sure about is if they are allowed to refuse you for that reason they stated on the letter? Just seems pointless in the 6 year rule if black books are still used, thought blacklisting was a myth?

If i where you i would submit a FOI request to Barclaycard (they can charge a fee but i think it is £10 max) asking for all the info they have on you.

Now i am speaking from an ex-bankrupt view but i asked on Debt Qustions forum could ex-creds (B/C are one of mine) keep records for over 6 years & i read they can hold for 7 years after the date of BR. So an extra 12 months after it drops off CRA records. So i would have thought it's the same with defaults etc.

Remember they are holding your data which is your property. Get the info off them & if your not happy take it to the Information Commisioner or sue them in the Small Claims Court. I have no sympathy for any bank or c/c provider they ripped people off enough in the past with PPI.

nottoolate

http://ico.org.uk/for_organisations/data_protection/the_guide/information_standards/principle_5

http://ico.org.uk/for_organisations/data_protection/the_guide/principle_6

MisterBaxter

amstel2 wrote: »

If i where you i would submit a FOI request to Barclaycard (they can charge a fee but i think it is £10 max) asking for all the info they have on you.

Now i am speaking from an ex-bankrupt view but i asked on Debt Qustions forum could ex-creds (B/C are one of mine) keep records for over 6 years & i read they can hold for 7 years after the date of BR. So an extra 12 months after it drops off CRA records. So i would have thought it's the same with defaults etc.

Remember they are holding your data which is your property. Get the info off them & if your not happy take it to the Information Commisioner or sue them in the Small Claims Court. I have no sympathy for any bank or c/c provider they ripped people off enough in the past with PPI.

I don't think FOI applies to private companies only public, it would a Subject Access request under data protection act. Under DPA there is nothing to stop them keeping records for their own purposes provided they can show that they it is reasonable for them to do so (a previous post shows links). Protecting themselves from people who have previously defaulted sound like it would be an acceptable reason. I don't say this from a high & mighty position as I have been through and IVA, but being pragmatic I wouldn't blame any of the creditors who lost money to me if they refused to ever lend to me again.

By all means you could do a subject access request but provided the data they hold is factually correct I doubt there is much that you could do about it.

eskbanker

amstel2 wrote: »

Remember they are holding your data which is your property. Get the info off them & if your not happy take it to the Information Commisioner or sue them in the Small Claims Court. I have no sympathy for any bank or c/c provider they ripped people off enough in the past with PPI.

As above, this would be a DPA issue not an FOI one, but that last paragraph in particular is meaningless nonsense - personal opinions about unrelated bank scandals are completely irrelevant when assessing whether or not Barclaycard have acted correctly in this case, and to assert that their records of a defaulted account are OP's property in some way is frankly laughable!

JKSandy

All financial institutes have internal and external audits and they determine what information should be held and how long for and what information should be destroyed.

As per ICO no company should hold information longer than deemed necessary.

Both as clear as mud. Now how long should information be held? How long is a piece of string?

jonesMUFCforever

I think OP should accept the decision and move on. There are hundreds of cards out there he could apply for.

DebtFree14_2

I also think the OP needs to remember that what the credit agencies hold on you is not necessarily the same as how the banks view your banking relationship. I know for a fact that my bank Lloyds gives you a score out of 10 on how you manage your account and if you apply for a overdraft or credit card then often you don't even get credit scored. They use their banking relationship score to make the decision. The fact that over 6 years has past means nothing. You still owe them money. Would you forget if someone didn't pay you?? I think to post this is very cheeky and not what MSE is trying to promote. MSE promotes dealing with debt and trying to reduce it. Not just burying your head in the sand and not paying it. Im in debt! I'm paying it off and proudly. I will build my credit score and banking relationship with the different agencies and when I'm debt free they will be begging to give me credit again (Not that I will take it)