Here Goes...Starting Up on a Journey

enthusiasticsaver

I am not sure if this is standard policy but I have severe doubts about the quality of the staff training on these helplines.  No doubt they are thinking if you have been given false information you could take it further.  Not sure where as I rarely have call to deal with them. 

Superhoopza

enthusiasticsaver said:

I am not sure if this is standard policy but I have severe doubts about the quality of the staff training on these helplines.  No doubt they are thinking if you have been given false information you could take it further.  Not sure where as I rarely have call to deal with them. 

It was via live chat but yes probably the same level of training.

stymied

I would take the bribe / compensation for your wasted time 😊

Superhoopza

No news from Nationwide yet, their ways of working are so old. I will call them tomorrow if I haven't heard anything.

I seen a thread about Halifax giving offers, did an eligibility checker with them and I'm pre approved for a lot of their cards up to £3,000 including 12 month balance transfer. Even with the 3.49% fee, it would save me about £550 over a year. I'll wait to hear back from Nationwide. Only thing I'd need to consider though is that the APR will then be 29.9% which will be higher than my other cards, so I'd be reliant on getting another deal in 12 months, which the way things are progressing, would be likely. Positive news though.

Andyjflet

Superhoopza said:

Superhoopza said:

Torn on this one. I'm a member of nationwide having got a savings account (with next to nothing) in it. I see they offer credit cards for members. I did an eligibility check and got told I 'may' be offered a card, pretty standard terminology. I've scouted around on here and found a few similar threads created asking for people's experiences with this terminology, mixed results. I asked on live chat and got told some people are declined at eligibility stage but no one is approved at this stage, they are either told no or 'may'. Even more interestingly, I put an initial request of a limit of £10k in and when told I 'may' be offered a card, they said I would be offered a maximum of up to £20k. This seems surprising given the level of debt a soft search would show up, but maybe being a 'member', with a decent salary, is helping my case. 

The dilemma is to apply and have a hard search, which in all honesty probably won't impact me much as I haven't done a search for a few months and probably won't be until I get 0% offers probably closer towards the end of this year. But in reality, no one except sub prime lenders are offering me anything at the moment, so I would be very surprised to get offered the card.

No one is able to tell me the right thing to do but wondered people's opinions on it.

Just ran it again, didn't notice last time there was a box to put student loan payments. Have entered them and got the same message but this time offered £10,900. Very specific number. It's making me think I would be accepted. It would save me £200 a month in interest, as well as maybe open the doors to quicker 0% deals with my current providers who have done this in the past (Barclaycard and MBNA).

I work in pre-qual for a major bank, the stats are just basic Delphi score info, once you give permission for a hard search then we can gather much more info, so prequal is a likelyhood ( i can measure in percentage) not a certainty. 

Superhoopza

Got accepted for the Nati0nwide card, just shy of £18k limit, 0% for 15 months. Should save me £300 a month interest. Fantastic news. It will take a week or two with the bank holidays and weekends to get my account set up, request and complete the balance transfers. 

Martico

That's a terrific result!

enthusiasticsaver

That is good news. Great saving which will help massively to get those cards paid off. 

Aimingforthegoodlife

That is a great result, what a big help towards paying down debts, I am also super impressed at your results already! I look forward to seeing the progress

Superhoopza

Aimingforthegoodlife said:

That is a great result, what a big help towards paying down debts, I am also super impressed at your results already! I look forward to seeing the progress

Thank you. The impact of my mistakes and how it made me feel and impacted people close to me really focused my mind on getting my ducks in order and also paying this off as quickly and as cheaply as possible.