Cifas marker

[Deleted User]

Jamesyb123 said:

BrownTrout said:

Jamesyb123 said:

I just hope the OP applies for a savings account with Coventry and then comes back to confirm that it was closed, just FYI after I had my marker I applied with 5 building societies including Coventry and they were all closed within a week of opening because of cifas. All I’m doing is speaking from experience. 

Your experience is not the norm though.
Anyone who struggles because of a CIFAS marker should head to their local BS and open a passbook account unless they want to pay for some prepaid account!

I’m so tempted to apply for the Coventry and then show you the letter when it gets closed but I don’t want any recent records with companies that I might want a mortgage from when the markers gone next year.

The marker might no longer show on your credit files but banks and BS also keep their own records. The fact you tried and failed to open an account with Coventry BS because of a CIFAS marker could be kept on record by Coventry BS long after the CIFAS marker is removed from your credit files. 

Jamesyb123

Lover_of_Lycra said:

Jamesyb123 said:

BrownTrout said:

Jamesyb123 said:

I just hope the OP applies for a savings account with Coventry and then comes back to confirm that it was closed, just FYI after I had my marker I applied with 5 building societies including Coventry and they were all closed within a week of opening because of cifas. All I’m doing is speaking from experience. 

Your experience is not the norm though.
Anyone who struggles because of a CIFAS marker should head to their local BS and open a passbook account unless they want to pay for some prepaid account!

I’m so tempted to apply for the Coventry and then show you the letter when it gets closed but I don’t want any recent records with companies that I might want a mortgage from when the markers gone next year.

The marker might no longer show on your credit files but banks and BS also keep their own records. The fact you tried and failed to open an account with Coventry BS because of a CIFAS marker could be kept on record by Coventry BS long after the CIFAS marker is removed from your credit files. 

That’s why I have limited the amount of banks I have tried since having the marker I have left around 20 banks/building societies that I’ve had no dealings with so I can obtain a mortgage 

kieran_coster

Jamesyb123 said:

Lover_of_Lycra said:

Jamesyb123 said:

BrownTrout said:

Jamesyb123 said:

I just hope the OP applies for a savings account with Coventry and then comes back to confirm that it was closed, just FYI after I had my marker I applied with 5 building societies including Coventry and they were all closed within a week of opening because of cifas. All I’m doing is speaking from experience. 

Your experience is not the norm though.
Anyone who struggles because of a CIFAS marker should head to their local BS and open a passbook account unless they want to pay for some prepaid account!

I’m so tempted to apply for the Coventry and then show you the letter when it gets closed but I don’t want any recent records with companies that I might want a mortgage from when the markers gone next year.

The marker might no longer show on your credit files but banks and BS also keep their own records. The fact you tried and failed to open an account with Coventry BS because of a CIFAS marker could be kept on record by Coventry BS long after the CIFAS marker is removed from your credit files. 

That’s why I have limited the amount of banks I have tried since having the marker I have left around 20 banks/building societies that I’ve had no dealings with so I can obtain a mortgage 

What cifas market did you have

Jamesyb123

It was the cat 6 I think, the one where it’s my fault 

kieran_coster

Jamesyb123 said:

It was the cat 6 I think, the one where it’s my fault 

That’s the one I’ve been given, tried applying for thinkmoney and they’ve not opened it yet still

Jamesyb123

How long ago did u open it?

kieran_coster

Jamesyb123 said:

How long ago did u open it?

Only yesterday but says online decision made in minutes

Jamesyb123

I’m pretty sure mine took 24 hours I dont think it’s checks it’s them actually setting up and opening the account, try and ring them they’re great on the phone it won’t effect it if they weren’t going to open it then phoning them wouldn’t change it. Just ring up and ask them how long it’ll be as you want to give your new bank details to employer before cut off

kieran_coster

Jamesyb123 said:

I’m pretty sure mine took 24 hours I dont think it’s checks it’s them actually setting up and opening the account, try and ring them they’re great on the phone it won’t effect it if they weren’t going to open it then phoning them wouldn’t change it. Just ring up and ask them how long it’ll be as you want to give your new bank details to employer before cut off

Yeah going to try this now

beckstas-money

Have you tried Monzo? I opened an account with them no probs with a cat 6 cifas marker. Also a joint account a few months later. My cifas drops off in May this year.