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Headline rate 'scam' - M&S Loans
Comments
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BenjaminClarke wrote: »You are the one who mentioned credit score, not me. Lenders use sites like Experian to check your credit file!! FACT.*Inhales sharply through teeth*
That's some impressive straw-clutching there, champ.
Sigh...BenjaminClarke wrote: »So they don't check your credit file through Experian? Please can you be less vague. I thought this forum was supposed to be informative? All I have got from you is that credit scores don't mean anything, which I already knew. That's it. So what are you offering? If nothing then please refrain from posting because you are not helpful.
You claim that I was the one who mentioned credit score, and that you didn't.
My first post on this thread was at 5:21pm yesterday afternoon.
At 4:20pm yesterday afternoon you posted this:BenjaminClarke wrote: »Totally agree with all comments. Tesco obviously didn't want us as customers. What has bothered me the most though is the fact that it has had a negative effect on our credit score and the time it took for them to offer us this rate! Two weeks in total to be told 15.8% isn't good enough. Had it been straight away I wouldn't have been as bothered. Anyway, NatWest to the rescue again for us. I just hope that the interest rate doesn't shoot up when we go to sign. Perhaps we won't be getting the 3.8% they were offering judging on what Foxy has said...
... followed by this at 4:55pm:BenjaminClarke wrote: »Just checked my credit score and I am still in the excellent category so it hasn't had a massive effect yet. I will update you on the final rate we get.
... still want to claim that it is me who mentioned credit scores and not you? If you "already knew" that scores don't matter, why go on about them?
I, and others, have confirmed that they check the raw data on your credit file. They do not check the score. The score doesn't exist.
You're not the first to go throwing their toys out the pram to find out the 'credit score' they've been paying for is a meaningless waste of money."Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."0 -
*Inhales sharply through teeth*"Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."0
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Sigh...
You claim that I was the one who mentioned credit score, and that you didn't.
My first post on this thread was at 5:21pm yesterday afternoon.
At 4:20pm yesterday afternoon you posted this:
... followed by this at 4:55pm:
... still want to claim that it is me who mentioned credit scores and not you? If you "already knew" that scores don't matter, why go on about them?
I, and others, have confirmed that they check the raw data on your credit file. They do not check the score. The score doesn't exist.
You're not the first to go throwing their toys out the pram to find out the 'credit score' they've been paying for is a meaningless waste of money.
Did that take you a long time? The score is a reflection of your overall credit rating. I know that these are made up words but they still have meaning. All of that doesn't matter anyway because that was never my point. Yes I clearly say that my credit score is still in the "excellent" category but I also mention that the search will still have a negative effect. Just to be clear for you though let me lay out exactly what I mean:
Having a recent search on my credit file will have a detrimental effect on me obtaining credit over the next six months. That's all I have meant. I thought that was made quite obvious...
What I have a gripe about is the fact that Tesco Bank took two weeks to offer me quadruple the interest being advertised on price comparison websites and the fact I will now have problems obtaining the loan from elsewhere thanks to the search on my credit file. Understand now?0 -
Sigh...
You claim that I was the one who mentioned credit score, and that you didn't.
My first post on this thread was at 5:21pm yesterday afternoon.
At 4:20pm yesterday afternoon you posted this:
... followed by this at 4:55pm:
... still want to claim that it is me who mentioned credit scores and not you? If you "already knew" that scores don't matter, why go on about them?
I, and others, have confirmed that they check the raw data on your credit file. They do not check the score. The score doesn't exist.
You're not the first to go throwing their toys out the pram to find out the 'credit score' they've been paying for is a meaningless waste of money.
Oh and you still haven't answered the question that I have posed from the outset. At least try to be a little bit helpful. Will the fact that Tesco Bank searched my credit file have a positive or negative effect when I apply for credit in the next six months? Whether you call it a score, a rating or whether you call it nothing at all the fundamental question remains the same.0 -
Took me about two minutes, probably less time than it took you to write that mewling rant a few posts ago."Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."0
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BenjaminClarke wrote: »Oh and you still haven't answered the question that I have posed from the outset. At least try to be a little bit helpful. Will the fact that Tesco Bank searched my credit file have a positive or negative effect when I apply for credit in the next six months? Whether you call it a score, a rating or whether you call it nothing at all the fundamental question remains the same.
*Breaths in deeply through gritted teeth*
Can anyone answer this question? Anyone at all? Can anyone on this website be helpful? The only advice I have seen people give is mainly: don't apply for credit. What excellent, unhelpful advice!0 -
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BenjaminClarke wrote: »*Breaths in deeply through gritted teeth*
Can anyone answer this question? Anyone at all? Can anyone on this website be helpful? The only advice I have seen people give is mainly: don't apply for credit. What excellent, unhelpful advice!
One search isn't a big deal.The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt.Bertrand Russell0 -
Took me about two minutes, probably less time than it took you to write that mewling rant a few posts ago.
Look I do apologise for high jacking this forum post. It isn't fair on the person who originally posted. I will be gone soon anyway so you can all get back to giving people "advice".
Just a little bit of advice for you though and I hope you take it on board. Stop being so closed minded. It's people like you that mean this country is stuck in the past. We need to embrace change in this country, culturally and politically and narrow-minded people are what is holding us back.0 -
gunsandbanjos wrote: »One search isn't a big deal.
Thank you for your response. By not such a big deal I am assuming that it'll have more of a neutral to negative effect. So would you advise me to apply elsewhere for this loan? Or wait six months paying interest at 18% on our credit cards?0
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