0% chance for any card,why??

biomeddna

Hi,

I currently have a tesco credit card with £2k balance. As the 0% offer is now over,I'm looking to transfer the balance. When I typed in my info on MSE I have 0% chance of getting any cards and I don't understand why. I'm scared to actually apply for any incase it affects my credit rating as I'm on my own and going to get a new mortgage on my own in the next couple of months. Any ideas or suggestions welcome.

Willing2Learn

Personally I ignore the MSE eligibility checker. I find it about as useful as knowing your credit score.

I always use the eligibility checker direct with the card issuers. I know, that as long as I stay on the ER and continue to manage my credit accounts successfully, then there will be a good chance I will have a credit application accepted.

Edit: If you are about to apply for a mortgage, then I would not be making other credit applications.

eskbanker

biomeddna wrote: »

Any ideas or suggestions welcome.

Check your credit files via each of the three ratings agencies, to see if there's anything unexpected on there and/or any pointers about how your current financial circumstances might not be seen as ideal. Ignore the scores they provide but review the factual data and any recommendations they make....

https://www.moneysavingexpert.com/loans/check-free-credit-report/

Ben8282

I don't understand why either and neither could anybody else from the information provided.

biomeddna

I always use the eligibility checker direct with the card issuers. I know, that as long as I stay on the ER and continue to manage my credit account

What do you mean by this? What is the ER?

[Deleted User]

Electoral Roll/Register

boo_star

You really have noting to lose if yo literally have no chance of getting a card from anyone.

My advice, echoing others on here, is to use lenders soft-checking eligibility calculators and see what they have to say. Even if they aren't completely sure you won't lose much by a couple of hard checks with resultant knockbacks in a 6 month period.

Remember than not applying is a 100% chance of getting knocked back.