Soft search rejected

rassman1

Looking to transfer 4000 pound worth of debt from barclaycard to another card with low or 0 percent.
Did the eligibility checker, gave me 60 percent chance for Mbna, carried on through wth that check but it came back as rejected, so where do I go from here?
Thanks

nicholaswitchell

rassman1 wrote: »

Looking to transfer 4000 pound worth of debt from barclaycard to another card with low or 0 percent.
Did the eligibility checker, gave me 60 percent chance for Mbna, carried on through wth that check but it came back as rejected, so where do I go from here?
Thanks

Apply for a credit card at a different company?

rassman1

nicholaswitchell wrote: »

Apply for a credit card at a different company?

Well the eligibility calc only gave me the mbna choices, the others I already have or it was 0 percent chance.

MEM62

rassman1 wrote: »

Well the eligibility calc only gave me the mbna choices, the others I already have or it was 0 percent chance.

Then it doesn't look as if you have anywhere to go credit-card wise. Perhaps you need a different approach to managing this debt.

rassman1

MEM62 wrote: »

Then it doesn't look as if you have anywhere to go credit-card wise. Perhaps you need a different approach to managing this debt.

Any other avenues you can think of? I can make the payments ok just wanted to pay it off quicker

Hedgehog99

rassman1 wrote: »

Any other avenues you can think of? I can make the payments ok just wanted to pay it off quicker

Can you pay off the one with the lowest debt remaining & then see if you get a 0% offer on that one?

rassman1

Hedgehog99 wrote: »

Can you pay off the one with the lowest debt remaining & then see if you get a 0% offer on that one?

Will have a look and see

heartbreak_star

rassman1 wrote: »

Any other avenues you can think of? I can make the payments ok just wanted to pay it off quicker

Pay some extra money to it each month? That's how I pay things off quicker...*bemused*

HBS x

MEM62

rassman1 wrote: »

Any other avenues you can think of? I can make the payments ok just wanted to pay it off quicker

Look at where you can cut back on your current spending so that you can throw more money at clearing the balance.


As has been stated often on these forums the only way to improve your financial situation is either to spend less or earn more. I agree that this is very simplistic and many of us cannot just 'earn more' so looking at your spending is probably the best approach in your circumstances.

ju_1980

When your first choice card with MBNA was rejected, did they not offer a second and possibly third choice? Likely with less months 0% interest, but still better than nothing.