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Tesco & Santander CCs

I have been repeatedly rejected for Tesco Credit Cards and Santander Credit Cards, without any light or any reason given, as usual. It doesn't affect me whatsoever as I have over 8 credit cards with mainstream providers for some of which I applied on the same day I was rejected by those two.
I am no curious however why Tesco and Santander would reject my application? Tesco said that they could only find negative information on my Experian report. So I requested full statutory report from Experian. Once the passkey was delivered by Snail Mail, I got 55 pages long report that doesn't appear to have any negative information, and looks accurate. Any guesses? 
I am just looking to satisfy my curiosity.  

Comments

  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    Emily_Joy said:
     I have over 8 credit cards with mainstream providers
    Why do need two more and a further increase in the amount of available credit? 
  • Emily_Joy
    Emily_Joy Posts: 1,637 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 24 August 2024 at 4:12PM
    Hoenir said:
    Emily_Joy said:
     I have over 8 credit cards with mainstream providers
    Why do need two more and a further increase in the amount of available credit? 
    BT would be useful at some point and those providers sometimes have good BT offers. I can't care less about the amount of available credit.
  • Slinky
    Slinky Posts: 11,936 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Maybe it's the number of cards and applications for credit you are making?
    Make £2026 in 2026
    Prolific £231.51, Octopoints £4.60, Tesco Clubcard challenges £38.80, Airtime £10 TCB £225.19, Everup £77.04, Roadkill £1.77,  Zopa CB £30, Misc £10.11,
    Total £629.02  31%

    Make £2025 in 2025  Total £2241.23/£2025 110.7%
    Prolific £1062.50, Octopoints £6.64, TCB £492.05, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £70, Shopmium £53.06, Everup £106.08, Zopa CB £30, Misc survey £10

    Make £2024 in 2024 Total £1410 70%
    Make £2023 in 2023 Total: £2606.33 128.8%


  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    Emily_Joy said:
    Hoenir said:
    Emily_Joy said:
     I have over 8 credit cards with mainstream providers
    Why do need two more and a further increase in the amount of available credit? 
    BT would be useful at some point and those providers sometimes have good BT offers. I can't care less about the amount of available credit.
    The lenders will though. If you are frequently BTing . Then that's a red flag as well. 
  • Emily_Joy
    Emily_Joy Posts: 1,637 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 24 August 2024 at 7:48PM
    Hoenir said:
    Emily_Joy said:
    Hoenir said:
    Emily_Joy said:
     I have over 8 credit cards with mainstream providers
    Why do need two more and a further increase in the amount of available credit? 
    BT would be useful at some point and those providers sometimes have good BT offers. I can't care less about the amount of available credit.
    The lenders will though. If you are frequently BTing . Then that's a red flag as well. 
    But other lenders don't mind. The credit utilisation is quite low and the credit available to me is still somewhat less than my ISA savings. I understand however the lender's won't see that.

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