We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Quick question for 1st card application

Options
Hi all

I'm about to apply for a money transfer card to pay off an overdraft badly dented by this year's tax bill. My problem is what to give as my residential status: I rent the house I live in, but have a mortgage on another house (currently unoccupied and on the market, having had to move before it sold). Am I a private tenant or a homeowner?

I have only once applied for a credit card before and it was declined - possibly because I have limited credit history, possibly due to a typo in the postal database for our old house, and possibly because of above residential status confusion. I don't want to get a negative mark for an admin error.

Cheers
Magda

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 30 January 2016 at 8:57PM
    It's not a 'quick' question.
    On the face of it you are a tenant. However, 'homeowner' is better, and I don't see any problem with giving the address of your property, but it's best to give the address you are registered to vote at and, generally, it's bad to have two active addresses reported to your credit files.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    which address is registered on your credit files; which is on your bank statements; at which are you on the electoral roll
  • Hmm, will use renting address then, everything is registered here - and we'll be buying it when the other one sells. Just thought having a mortgage payment on file would be confusing.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.