MSE Eligibility Checker - 0% chance on all cards?

nswan

Hi all,

So my current card 0% deal is has ended this month.  I ran the MSE check tool and all the offers came back with 0% chance of me being successful.     My MSE credit score is 999 and I haven't missed or had any late payments.   Is this due to the current economic situation and Covid19?

Many thanks.

[Deleted User]

It's partly lending but also your credit files and history.

Check the data on all three. You may be carrying too much debt and present too much of a risk.

nswan

Will do, thank you. 

CRISPIANNE3

nswan said:

Hi all,

So my current card 0% deal is has ended this month.  I ran the MSE check tool and all the offers came back with 0% chance of me being successful.     My MSE credit score is 999 and I haven't missed or had any late payments.   Is this due to the current economic situation and Covid19?

Many thanks.

I have often found you get a different result if you try the various banks checkers. I have sometime found MSE give you 50 percent chance of a particular card but going direct it can be pre approved or a lot higher than than MSE's check tool. 

cymruchris

Agreed - on the comparison websites I was given a 0 percent chance of a Virgin credit card - I tried their own eligibility checker - and was approved instantly. It's worth using the eligibility checkers on some of the credit cards own websites for a more accurate idea of whether or not you are likely to be approved. 

coachman12

The best approach is , as has already been said, to look at your credit history ( your credit score means nothing at all). Look at your file(s)---not only Experian---and decide completely objectively whether you think a lender would see you as a good, medium or poor risk. Then base your application on that honest opinion and apply for a 0% card or not as you see fit. Good luck.