Cancelling a credit card application

in Credit Cards
2 replies 437 views
Hi all,

My other half applied for a Barclays credit card yesterday but has since changed his mind on wanting it. Will this have an affect on his credit score? The application said he would hear back within 5 days when applying.

Thanks in advance

Replies

  • jimbo26jimbo26 Forumite
    954 Posts
    Part of the Furniture 500 Posts Name Dropper
    The score doesn't exist so don't worry. It will still show a credit search on his file though
  • PRAISETHESUNPRAISETHESUN Forumite
    2.9K Posts
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Forumite
    You can cancel the card or withdraw your application but that will not remove the search on your file. The score you have been given is irrelevant - every lender uses their own internal criteria based on the contents on your credit file - what matters most is your credit history. Multiple searches in a sort period of time generally are not looked at favourably, but the affect of them tends to decrease after 3-6 months or so, depending on the lender
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