Re building credit

winner12

Hi
Clawed my way from the brink over the last 6 years and want to rebuild my credit file slowly.
I applied for a Barclay card and did the eligibility checker first got a good news screen and apply which I have done but now wish I had not upon reading other posters on some forum sites it seems I may not get approval after all

chattychappy

Correct.....

winner12

Thanks
Think its still a learning curve and another blot on my credit file wont bother in future come this far without any more credit and I should go with my gut instinct and not bad advice from a friend

Round_The_Bend

First of all, make sure that you have done your credit report clean up. Once you have done this, try using various credit card's own soft search eligibility checkers such as:

https://letmechoose.barclaycard.co.uk/
http://www.mbna.co.uk/credit-cards/mbna-everyday-credit-card/
https://www.capitalone.co.uk/creditcards/secure/find-my-card.jsf

All of the above carry out an eligibility check, which is not marked on your credit record, at least in respect of third parties seeing it. This means that it won't impact upon your credit rating.

All seem to be flexible, in terms of new credit card users, so it's certainly worth running your details through their eligibility checkers (above). I imagine that there is a good chance that one of them will have something suitable for you, so long as your credit file is up to date and there are no new defaults within the past three or four years.

In the event that you have a poor more recent credit history and are certain that you will pay off the full balance, every month, thus avoiding high interest charges, you could try Vanquis, Aqua or possibly Capital One.

20aday

In addition to Round The Bend links above NatWest, RBS, Nationwide and Fluid (part of MBNA) also offer 'Eligibility Checks' on their websites.

Anthorn

Just a small point to add to the foregoing advice. When it comes to credit repair many of us think credit card or loan or prepaid cashplus or catalogue or mobile phone contract. However there is another avenue which is often overlooked: Credit Unions.


The credit union I support by saving with them searches Experian and reports to Experian. Moreover a small loan from a credit union is often just a matter of having a regular standing order already set up for saving. But defaulting will damage your credit report just the same as defaulting on any form of credit.


There will most likely be a credit union near you.


The following link is provided as an example and is the one I support (click on Loans): http://www.rainbowsaver.co.uk/