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If you got defaults and poor score do you get rejected straight away

Say if someone has defaults and poor credit rating on their file, does that mean you get rejected by any bank when applying for credit cards?

Comments

  • MrSilk
    MrSilk Posts: 1,521 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Depends which card tbh
  • Candyapple
    Candyapple Posts: 3,385 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    There are credit cards out there targeted specifically for people with a poor credit history eg Vanquis, Aqua etc which you'd have more luck in receiving one of those than a mainstream bank backed credit card.

    You might not automatically get rejected for a bank backed cc but they are a lot stricter in their acceptance of those with a poor credit history. It may help if you already bank with them as most banks have an internal lending criteria but it's no guarantee.
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
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