Eligibility Changed?

JulieRoberts

So we are looking at financing a new car and so I have been repeatedly using the loan function on experian to check monthly repayments on different loan providers, credit score is excellent and everything was coming back at 95%. Today I have done a search lower borrowing higher deposit and all other earnings etc the same as previous and its come back as no eligibility for anything? I'm really stumped, why would this happen? I have redone the exact searches I have done over the last few days but again eligability of 0? The only thing that has changed is that I altered my name on my experian account to my married name, but would this affect any eligability?  So confused!!!

[Deleted User]

You've changed deposit, borrowing and name. Not exactly the same searches.

The multiple checks with changing information are probably throwing up warning flags.

Calm down and apply to a single lender of your choice.

JulieRoberts

Deleted_User said:

You've changed deposit, borrowing and name. Not exactly the same searches.

The multiple checks with changing information are probably throwing up warning flags.

Calm down and apply to a single lender of your choice.

I get you, but I thought soft searches had no impact on anything and were only visible to the person doing it, so didn't think it would matter? Taken 10 years to get my credit rating back so panicking now!

DCFC79

JulieRoberts said:

Deleted_User said:

You've changed deposit, borrowing and name. Not exactly the same searches.

The multiple checks with changing information are probably throwing up warning flags.

Calm down and apply to a single lender of your choice.

I get you, but I thought soft searches had no impact on anything and were only visible to the person doing it, so didn't think it would matter? Taken 10 years to get my credit rating back so panicking now!

Well you've spent 10 years on getting a number onmyou can see. Its your history you have improved and that is what lemders see.

[Deleted User]

JulieRoberts said:

Deleted_User said:

You've changed deposit, borrowing and name. Not exactly the same searches.

The multiple checks with changing information are probably throwing up warning flags.

Calm down and apply to a single lender of your choice.

I get you, but I thought soft searches had no impact on anything and were only visible to the person doing it, so didn't think it would matter? Taken 10 years to get my credit rating back so panicking now!

They're visible to you and of course the lenders searching you.

No need to panic about your credit rating.

JulieRoberts

Deleted_User said:

JulieRoberts said:

Deleted_User said:

You've changed deposit, borrowing and name. Not exactly the same searches.

The multiple checks with changing information are probably throwing up warning flags.

Calm down and apply to a single lender of your choice.

I get you, but I thought soft searches had no impact on anything and were only visible to the person doing it, so didn't think it would matter? Taken 10 years to get my credit rating back so panicking now!

They're visible to you and of course the lenders searching you.

No need to panic about your credit rating.

Ah OK I presumed that providers had given to experian and the soft searches were using this i didnt realised the details went back to the lenders of who was doing a search! Will stop for now!!!