credit card turned down

mex20

I have been turned down for a card, "due to adverse data " held on credit files, I was advised to request info from the agency used, I did this from all three main agency's. all three came back with no negative data, when I discussed with bank they would not give me the reasons or confirm anything as it was bank policy not to discuss personal data. and have been told that they do not have to inform me of the data used. Where do I go now ? I need to find out what or where negative data is being held.
Mex.

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[Deleted User]

Just means you don't meet their criteria. Although you could check for any CIFAS markers.

Who did you apply to? What sort of credit history do you have.

mex20

Halifax, I have a 993 score on credit expert, no defaults, missed payments or anything, don't know what cifas is ? my problem is they wont tell me what they think they have so I can't fix it,

[Deleted User]

Do you have much credit history though? Cards, loans? Are you on the electoral roll.

Every 18 year old gets a 999 score straight out of the gates, but no one will give them mainstream credit either.

Who did you apply to? Was it a good match for your credit history?

Ben8282

The fact that the lender actually used the word 'adverse' would imply that there may well be something there that they considered to be adverse.
As to what could be considered 'adverse; although defaults or ccj's would normally spring to mind, it could equally be something like endless payday loans, even if all repaid on time, or high credit utilisation, heavy overdraft use etc
As you have checked the credit files in question and found nothing that you consider adverse, I would suggest that you forget about this credit provider and apply for a new card elsewhere. Make one further application only. Before applying use an eligibility checker to ensure that the application is made to a credit provider who caters to individuals with financial situations similar to your own.
In your 'OP' you state only that you applied for a 'card'. This could be anything from an AMEX platinum charge card to a vanquis credit card. You need to be more specific.

Superscrooge

'adverse data' could just mean that you don't have much credit history, rather than their being something bad lurking in your credit history.

I've seen the phrase used before when someone has very little credit history but nothing else negative

Thrugelmir

mex20 wrote: »

all three came back with no negative data,

In your eyes.

How many credit cards and/or loans do you currently have , and how much do you owe?

bargainbetty

I applied for a card with Halifax several years ago. No debt other than my mortgage, excellent repayment history, good salary and monthly surplus in my account. Got rejected. They don't have to tell you why and adverse marker could mean they don't think they will make enough money off you.


Halifax mistakenly applied a default to my account instead of a declination. Took me months to get the damn thing removed and they stuffed a mortgage application elsewhere in the interim. The compensation ended up being somewhere in the region of £700, and then they offered me not only the card but the mortgage too. *sigh*.


I'm with Nationwide now. Much easier.

Candyapple

bargainbetty wrote: »

I applied for a card with Halifax several years ago. No debt other than my mortgage, excellent repayment history, good salary and monthly surplus in my account. Got rejected. They don't have to tell you why and adverse marker could mean they don't think they will make enough money off you.


Halifax mistakenly applied a default to my account instead of a declination. Took me months to get the damn thing removed and they stuffed a mortgage application elsewhere in the interim. The compensation ended up being somewhere in the region of £700, and then they offered me not only the card but the mortgage too. *sigh*.


I'm with Nationwide now. Much easier.

OMG! :eek::eek::eek: