Eligibility Checker

starM

Hi,

My brother had a Cap 1 credit card for some time and he also had 1 default which recently removed after 6 years.

He has a Halifax account which was opened 2 months ago.

He checked on MSE and its showing 9/10 for LBG cards (Halifax, Lloyds and BOS). All other credit cards are below 5/10.

I am not sure why only LBG cards are coming up 9/10 unless they have recently changed there credit scoring criteria.

Has anyone applied for LBG card when showing 9/10 score what was the result? Thanks

[Deleted User]

Very strange. I'm assuming the default wasn't with LBG?? If it was he probably has an artificially high score which would explain the disparity vs. everyone else.

E.g. Nationwide score me highly and give me an 'approved' and suggested £1,250 eligibility for their credit card... until they "realise I have defaults with them and reject me" (from their underwriters!)

If his salary has gone into his new Halifax account he's probably better off logging in and applying via online banking just to ensure they use their internal data on him (they may well do anyway, but I go through online banking to be sure - plus it pre-fills the forms!).

[Deleted User]

90% of them were accepted and 10% rejected.

Anthorn

Could be that the eligibity checkers recommend those cards allowing the most commission. For example moneysupermarket.com recommend to me mostly Lloyds Banking Group and doesn't list AA cards but Clearscore recommends AA cards but doesn't list cards from Lloyds Banking Group. Most incredible is Noddle which mostly recommends Luma and Barclaycard Initial.

starM

The default he had was not from Halifax. It was Barclaycard.

When I check my eligibility it comes up pre-approved MBNA cards and 9/10 mostly other cards.

I just find abit strange that only LBG will offer 9/10. I know banks use there own credit scoring criteria but most of them should have similar scoring criteria. That's why I have said it may be LBG has recently reduced scoring for acceptance.

He only been with Halifax for 2 months. Normally it takes 4 months for internal to score to improve. That's what happened with me for TSB which use Llloyds systems.

Gouki7851

I had a 8/10 chance for HSBC balance transfer card (who I defaulted on about 7 yrs ago) and a low chance of even a vanquis, 3 or 4 out of ten. Accepted for HSBC yet constantly declined for vanquis. 0% chance of any other cards BTW so I think they pick their target audience.