Credit Score & Aqua Card - declined

eskbanker

SeduLOUs wrote: »

What's MCC?

Merchant Category Code, i.e. the way in which retailers categorise spending, which can be used by card issuers like Santander to offer differential promotions.

Or it's a famous cricket club....

curious_1

Another Update (maybe I should be opening a new thread for this):

As stated in a previous post, I opened a barclays account with the hope of using it for a while - build up some internal score then apply for a credit card.

Received my card, telephone and online banking details etc.

Now, in the post, I received a very odd and weird letter from Barclays, stating:

We regret to inform you that, following a review of your account(s) with us and after careful consideration, we are unable to continue to act as your bankers.

Therefore your account(s) with us will be closed on xx/xx/x in accordance with our commercial and other obligations under section 11, page 30 of the Retail Customer Agreement (Terms and Conditions), a copy of which can be obtained by visiting the following link: https://www.barclays.co.uk/rca. .....Blah Blah Blah


Now, if I say I am not bothered by this, I'd be lying. A bank, saying no to a customer's money. Either things must be so bad with my financial records at the moment or something else - I don't know.

Any ideas what this means guys??

All response appreciated.

Candyapple

curious_1 wrote: »

Another Update (maybe I should be opening a new thread for this):

As stated in a previous post, I opened a barclays account with the hope of using it for a while - build up some internal score then apply for a credit card.

Received my card, telephone and online banking details etc.

Now, in the post, I received a very odd and weird letter from Barclays, stating:

We regret to inform you that, following a review of your account(s) with us and after careful consideration, we are unable to continue to act as your bankers.

Therefore your account(s) with us will be closed on xx/xx/x in accordance with our commercial and other obligations under section 11, page 30 of the Retail Customer Agreement (Terms and Conditions), a copy of which can be obtained by visiting the following link: https://www.barclays.co.uk/rca. .....Blah Blah Blah


Now, if I say I am not bothered by this, I'd be lying. A bank, saying no to a customer's money. Either things must be so bad with my financial records at the moment or something else - I don't know.

Any ideas what this means guys??

All response appreciated.

Sounds like you've got yourself a CIFAS marker:

https://forums.moneysavingexpert.com/discussion/3878071

https://forums.moneysavingexpert.com/discussion/5092047


Also, how could you be on the electoral roll for 8 years if you've been out of the UK for 2 years? If you've been lying on application forms you may have a CIFAS for application fraud.

First things first you should obtain copies of all 3 of your credit reports and then send a SAR to CIFAS.

curious_1

Candyapple wrote: »

Sounds like you've got yourself a CIFAS marker:

https://forums.moneysavingexpert.com/discussion/3878071

https://forums.moneysavingexpert.com/discussion/5092047


Also, how could you be on the electoral roll for 8 years if you've been out of the UK for 2 years? If you've been lying on application forms you may have a CIFAS for application fraud.

First things first you should obtain copies of all 3 of your credit reports and then send a SAR to CIFAS.

Thanks for this.

I say 8 years because, prior to my leaving the country, I was at this address (it was my address before Uni, my home address while at uni and my home address after uni - before I ravelled for 2 years).

And while I was away, I was still receiving correspondence everyone and then.

Now I'm back, I'm at the address. So I just added it all together.

Also, on my credit report from Experian, Equifax and CallCredit - it shows no CIFA related entry.

Although, when I tried to apply for the free credit report from Noodle (subsidiary of CallCredit), I get denied saying they couldn't verify my identity. Same with CashPlus pre paid card. Something is quite out of place with my identity - and the credit checking firms don't show it.