We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Some advice please. Self Employed to Full Time
Danny68
Posts: 7 Forumite
Hello guys,
I'm a new member. Been getting used to the site, before posting.
Anyway, I applied for 3 credit cards back in March/April, All accepted..all prime cards. HSBC, Yorkshire Bank and Nationwide.
I have held a charge card for 6 years. Ran if perfectly. that was my only credit, up until receiving the credit cards. I hope to get a mortgage next year, hence the need to improve my standing. I always pay everything off by d/d and in full.
I applied for the credit cards as a self employed person, been working for the same company for approx 6 years (contract)..Now they have taken me on as a full time member(was several weeks ago. (got a nice salary increase) etc..
What do i do now? Should i call all the companies to let them know...send in my new contract, update my change of circumstances on the eligibilty sites. i joined them all, thanks to this site's invaluable info ..Clearscore, MSE club, and Noddle.
I may be able to update my change of circumstances online with one of the companies. The reason I ask is I read on this forum, that we can be refused credit if a cc company or National Hunter etc
spots something in applications that doesn't add up. ie wage increase ..status change etc. from a previous application.
Sorry for rabbiting on. Just want to be as clear as i can, I want to get my mortgage without any hiccups. Let me know if I have missed anything.
Thanks for your time
I'm a new member. Been getting used to the site, before posting.
Anyway, I applied for 3 credit cards back in March/April, All accepted..all prime cards. HSBC, Yorkshire Bank and Nationwide.
I have held a charge card for 6 years. Ran if perfectly. that was my only credit, up until receiving the credit cards. I hope to get a mortgage next year, hence the need to improve my standing. I always pay everything off by d/d and in full.
I applied for the credit cards as a self employed person, been working for the same company for approx 6 years (contract)..Now they have taken me on as a full time member(was several weeks ago. (got a nice salary increase) etc..
What do i do now? Should i call all the companies to let them know...send in my new contract, update my change of circumstances on the eligibilty sites. i joined them all, thanks to this site's invaluable info ..Clearscore, MSE club, and Noddle.
I may be able to update my change of circumstances online with one of the companies. The reason I ask is I read on this forum, that we can be refused credit if a cc company or National Hunter etc
spots something in applications that doesn't add up. ie wage increase ..status change etc. from a previous application.
Sorry for rabbiting on. Just want to be as clear as i can, I want to get my mortgage without any hiccups. Let me know if I have missed anything.
Thanks for your time
0
Comments
-
No, don't worry. They won't be interested.
Just put current status on any new applications0 -
Thanks zx81 for your prompt reply. What about my current/ new credit card providers. Should i let them know of my salary increase and change of circumstances? .i will update the MSE club and others. I'm guessing my eligibilty may improve?0
-
Again, they're not really interested now you're a customer.
Most won't even have the ability to make the change.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards