Stupid Goldfish people

sunshine_shell

I applied for the goldfish credit card to put my debts together and they have turned my down because i am 'over committed' I'm gutted, have cried and tried to ring them up and of course they only work monday to friday

What can i do?

hypno06

not a lot, sadly, although I think you can appeal.

I have found it very frustrating, I have been turned down for a number of 0% or low life of balance cards this year - I am not one for late payments on them or missed payments, but it is probably just that I have a large total amount of debt.

So even though I only want to balance transfer, not increase my debt, I get knocked back.

Frustrating, but hopefully it is stopping others get into additional debt that they cannot afford, so we have to look at the bigger picture I suppose.

hooters

Goldfish turned me down when experian et al had us both at the top 2% of the population with regards credit staus.
Maybe it is more to do with them over-commiting on their credits than you being overcommited

sunshine_shell

Thanks my friend thinks it might be because i have a 'little' debt so it wouldn't be worth it i'm just sick and tired of paying stupid amounts of interest!!! all i want is to be debt free!!

In_Search_Of_Me

Have you checked your credit rating? I was recently given a goldfish card but then realised that they are the same co as Morgan Stanley so they gave me a combined credit limit. Not sure if that helps?

Mindspace

I have been recently rejected for goldfish, But they have sent me promotional application in the post after rejecting in the first place. Don't know what to make of them?

sunshine_shell

Yep got my credit file from eqifax a couple of months ago and i couldn't see anything wrong and neither could my boyfriends mum who's a retired bank supervisor

I'm just so fed up i just thought it would help with paying off my debts

james32_uk

These companies are tightening their belts which is only to be expected with more and more people going bankrupt and insolvant. It's not what you will want to hear but to be brutally honest if they say you're overcommitted then they are probably right.

Have you tried increasing your limit of your existing cards and doing a credit card shuffle to get the interest down?

sunshine_shell

To be honest i haven't shuffled anything wouldn't have a clue how to!

The thing is i get a £2000 payrise in september so i would have been able to pay off at least 300 a month

hooters

james23_uk wrote: »

These companies are tightening their belts which is only to be expected with more and more people going bankrupt and insolvant. It's not what you will want to hear but to be brutally honest if they say you're overcommitted then they are probably right.

Have you tried increasing your limit of your existing cards and doing a credit card shuffle to get the interest down?

do they over commit their credit limits?

krisskross

I think the banks have taken such a battering with people saying they are irresponsible lenders that they are now looking at applications more closely. Plus they will want to minimise their bad debt risk now that interest rates are rising.