Eligibility Check on CRA Agencies

[Deleted User]

You need to stop applying for credit - look at your previous posts and the issues you've had in the past with debts and CCJ's.

If you want to build a credit history, one credit card is sufficient to do so.

xlnc99

the more credit cards you have the better it looks. I dont plan on maxing them out, just a little spend and full balance each month.

Ben8282

After years of not applying for anything you have gone on an application spree applying for financial product after financial product in the space of 1 or 2 days. To me this comes across as most likely FRAUD or else absolute desperation for credit.
WHY did you suddenly one morning decide to make all these applications? Why not one at a time? Stop applying IMMEDIATELY and make no further applications for several months.

Willing2Learn

xlnc99 wrote: »

the more credit cards you have the better it looks.

No. It is not about how "it looks". It is only about account conduct...

xlnc99

Ben8282 wrote: »

After years of not applying for anything you have gone on an application spree applying for financial product after financial product in the space of 1 or 2 days. To me this comes across as most likely FRAUD or else absolute desperation for credit.
WHY did you suddenly one morning decide to make all these applications? Why not one at a time? Stop applying IMMEDIATELY and make no further applications for several months.

no i have been applying in the last two years or so. I have had mobile phones, broadband etc. Ive spread them out. The only reason i made these applications now was simply because for the first time in years i was eligible to get a credit card due to the CCJ removal.

I dont plan on making any more applications for at least 6 months now.

[Deleted User]

xlnc99 wrote: »

the more credit cards you have the better it looks. I dont plan on maxing them out, just a little spend and full balance each month.

That is absolutely, 100% incorrect

abc.xyz

xlnc99 wrote: »

i made around 4 applications. I was accepted by Aqua and Amazon Credit cards. I did apply for Fluid and Asda and also tried applying for two current bank accounts.

Fluid and Asda rejected me. I found out today first direct rejected me.

But ASDA and First direct are not showing on my credit reporrts. Only thing that is showing is NEW DAY which is for amazon, fluid, and aqua. Even ASDA isnt showing

I want as many credit cards as possibble to build up my history.

I was just concerned today when i checked and my eligibilty for all credit cards including AQUA have now gone down to zero!

That shouldnt happen because the CRA agencies do not know if i was accepted or not

Searches are reported to CRA's instantly. Not sure where you got the idea from that CRA's don't know the outcome an application - it's literally their purpose to know.

4 CC applications in one day has done the exact opposite of what you wanted it to do to your report. Your rejected (and approved) applications are now on your file for 12 months - and they don't look good.

Ben8282

abc.xyz wrote: »

Your rejected (and approved) applications are now on your file for 12 months - and they don't look good.

I think this requires clarification as it could confuse.
Rejected applications do NOT appear on credit reports.
However, if there is a hard search and subsequently no new credit account appears then anybody checking the credit report could draw a conclusion.
In this case though, assuming the applications are recent, lenders will not know the result of the applications just that a hard search was made because it takes time for an account to be opended and reported.

[Deleted User]

abc.xyz wrote: »

Searches are reported to CRA's instantly. Not sure where you got the idea from that CRA's don't know the outcome an application - it's literally their purpose to know.

4 CC applications in one day has done the exact opposite of what you wanted it to do to your report. Your rejected (and approved) applications are now on your file for 12 months - and they don't look good.

Applications don’t show - only searches.

And the CRA’s have no idea if the outcome of said search, neither would A.N.Other lender.

boo_star

Did you really apply to First Direct? With your history?

HSBC/First Direct are second only to AMEX in being picky as hell as who they take on. Why would you apply to them?