John Lewis Partnership Card

WillPS

HonestJohn said:

The only change between the two was me retiring hence reduced income.

How is this even remotely true? It's a different lender, different headline APR, different reward offer, different card symbol, the fact the old card was issued before criteria tightened up during the pandemic in general... the list goes on. The only thing in common was the brand used on both.

In truth nobody has any idea what it was that made you credit-worthy to the previous issuer and not the new issuer, other than the individual issuers making the decisions themselves.

HonestJohn

WillPS said:

HonestJohn said:

The only change between the two was me retiring hence reduced income.

How is this even remotely true? It's a different lender, different headline APR, different reward offer, different card symbol, the fact the old card was issued before criteria tightened up during the pandemic in general... the list goes on. The only thing in common was the brand used on both.

In truth nobody has any idea what it was that made you credit-worthy to the previous issuer and not the new issuer, other than the individual issuers making the decisions themselves.

Lenders just want to make some money out of you and be assured that they will get their money back.

WillPS

HonestJohn said:

WillPS said:

HonestJohn said:

The only change between the two was me retiring hence reduced income.

How is this even remotely true? It's a different lender, different headline APR, different reward offer, different card symbol, the fact the old card was issued before criteria tightened up during the pandemic in general... the list goes on. The only thing in common was the brand used on both.

In truth nobody has any idea what it was that made you credit-worthy to the previous issuer and not the new issuer, other than the individual issuers making the decisions themselves.

Lenders just want to make some money out of you and be assured that they will get their money back.

What's that got to do with your claim that the only thing that changed between your application for a Creation issued Asda credit card and your application for a Jaja issued Asda credit card many years later was your income?

HonestJohn

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

WillPS

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

It's not obvious at all, it's spurious conjecture.

MollyR

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

So when you checked your file, were the contents exactly what you expected, or worse in some way?

HonestJohn

MollyR said:

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

So when you checked your file, were the contents exactly what you expected, or worse in some way?

I have a spotless record. My credit score (for what it is worth) is always nudging the maximum. I would lend myself money.

MollyR

And this was your record on the specific credit agency they told you to check?  Because different agencies can end up with different entries, and score those entries in different ways.

HonestJohn

WillPS said:

HonestJohn said:

That was the their main criteria obviously. Said they only did a soft search and gave me the name of the reference agency they used and said I should check my file.

It's not obvious at all, it's spurious conjecture.

I no longer care anyway. A JL card has far more cachet amongst some people than an ASDA card.
Thank you for your lecture on the ins and outs of lenders and the relative criteria that they use to assess applications. I am sure some peolpe here will find it useful.

HonestJohn

MollyR said:

And this was your record on the specific credit agency they told you to check?  Because different agencies can end up with different entries, and score those entries in different ways.

I believe they are required to notify you about any reference agencies thay use. I have some free accounts that all say the same about me. There is nothing untoward on any of them. I specifically checked the one they used.