How many times is too many to apply?

PixelPound

BinkadyBoo wrote: »

Thing is, my credit card is with Nationwide, and when I tell them that the loan is to pay of the CC I have with them, they just offer it at 18.8%, which is pretty much the same rate as my CC interest, so there isnt much point.

I'm thinking at this point Ill just put my CC away somewhere and just focus all my efforts on getting it paid off

Have you asked them why? It could be the recent applications or it could be something else on your credit report (that caused the Admiral rejection too). It does sound like a good idea to get it paid off - try for the next six months so that you haven't any recent applications (they stay on your report for a year, but when they are 6 months old they are not recent and so less influential). You will also be in the position of showing you can make payments and have a lower amount of debt and may then be in a better position for a 0% BT, a low APR BT or a loan.