Gf - poor clear score

takman

Fireflyaway wrote: »

Someone with no score for example will find it hard to get credit because the have little info for lenders to make as decision on.

Your getting very mixed up between your credit file and credit score. I hope that you meant someone with no "credit history" will find it harder to get credit.

Whether or not you have a "credit score" does not effect applying for credit in any way.

Ebe_Scrooge

axel132132 wrote: »

we could get her a credit card with a 1200 limit

I think what throws a lot of people is the fact that the marketing mail sent out by credit card providers often ( always ?? ) seems to use a £1200 limit, together with their "typical" APR, as an "illustrative" example. It is just that - an example. It has very little, if any, bearing upon what limit an individual applicant will be offered.

[Deleted User]

I'm pretty sure it's a legal reason.

Plus, £1200 is easier to divide by 12 months (1 year) for working out Interest to an even, rounded number.

MallyGirl

axel132132 wrote: »

Anyway i thought taking out credit is bad, or not so much bad but lowers score because otherwise we could get her a credit card with a 1200 limit and go from there.

We are looking at getting a mortgage in a couple of months once her credit score gets better as i dont think we will get s good deal atm

Hi

do not even think about applying for more credit - either of you - if you are thinking of applying for a mortgage in a few months. Just keep up the good behaviour of using credit cards and paying in full after the statement is issued.

axel132132

Thabks mallygirl thats all i was really after when i was asking the question, i do not fully understand it all abit of these comments have struck me back alittle asif they are coming across at me that i am thick.

With regards to credit all i know is i pay for everything on time, etc i didnt realise score was irellevant because every time i have applied for car loans etc its always mentioned

Wont apply for any credit thanks again mallygirl

DCFC79

axel132132 wrote: »

Thabks mallygirl thats all i was really after when i was asking the question, i do not fully understand it all abit of these comments have struck me back alittle asif they are coming across at me that i am thick.

With regards to credit all i know is i pay for everything on time, etc i didnt realise score was irellevant because every time i have applied for car loans etc its always mentioned

Wont apply for any credit thanks again mallygirl

Lenders are either refering to an internal score or they say your application failed due to your score when they mean an issue with your credit file.