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Rejection from own bank
Hello,
I have recently applied for a loan for £7,500 over 4 years to consolidate my credit card and overdraft debts. Although I didn't obtain my credit record I'm sure I've got a good credit rating as I've never missed any payments apart from once when the direct debit was not set up and this was years ago.
Anyway I was referred to the underwriters and they told me that I have been rejected. I was just rejected and they wouldn't discuss giving me a lower amount or anything.
What are the chances of being successful with another provider? I know on this site it says that the best chances of being accepted are with your bank.
Thanks in advance
lalaz
I have recently applied for a loan for £7,500 over 4 years to consolidate my credit card and overdraft debts. Although I didn't obtain my credit record I'm sure I've got a good credit rating as I've never missed any payments apart from once when the direct debit was not set up and this was years ago.
Anyway I was referred to the underwriters and they told me that I have been rejected. I was just rejected and they wouldn't discuss giving me a lower amount or anything.
What are the chances of being successful with another provider? I know on this site it says that the best chances of being accepted are with your bank.
Thanks in advance
lalaz
0
Comments
-
Get a copy of your credit files first.
They will cost you £2 each.
For a straight decline I would think there is adverse information of some kind on there.
Are you sure that you have had no previous credit problems - mobile phone companies are !!!!!!s for messing up people's credit files!0 -
how much do you owe in total
how much is the OD
how much do you earn0
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