What can I do? (think I was irresponsibly approved a credit card)

missmisskittyPURR

swingaloo said:

You have to have some personal responsibility here. Why spend the money when you know you wont be able to pay it back?

I obviously didnt think it would be 4 years later and still on universal credit not getting a job did i... 

missmisskittyPURR

Exodi said:

I think given that you can get a mortgage with only a couple months payslips, I think it's unreasonable to suggest they should have declined you because you'd 'only' been working somewhere for 2 months before you were fired. In fact, I got my most recent mortgage after having only worked for two months at my current employer!

To stretch the point, you can be dismissed without much effort within your first two years of employment, and I don't think anyone would suggest people shouldn't be entitled to credit before that.

Unfortunately I think you're blaming the lender for the issues caused by being fired. What would you have done if they had declined you? At the time, I'd imagine the money was very useful.

dont you need a down payment for a mortage, youre implying you can get a mortage first job with 2 months payslips which isnt true

Grumpy_chap

missmisskittyPURR said:

Checked their website they said reasons to be declined 'you haven't held your current job for long enough' I don't believe 2 months is long enough at all.

How long in the job do you think would have been long enough?

Exodi

missmisskittyPURR said:

Exodi said:

I think given that you can get a mortgage with only a couple months payslips, I think it's unreasonable to suggest they should have declined you because you'd 'only' been working somewhere for 2 months before you were fired. In fact, I got my most recent mortgage after having only worked for two months at my current employer!

To stretch the point, you can be dismissed without much effort within your first two years of employment, and I don't think anyone would suggest people shouldn't be entitled to credit before that.

Unfortunately I think you're blaming the lender for the issues caused by being fired. What would you have done if they had declined you? At the time, I'd imagine the money was very useful.

dont you need a down payment for a mortage, youre implying you can get a mortage first job with 2 months payslips which isnt true

Where did the 'first job' bit come from - I didn't say that nor was it your first job either?

I'm not implying you can get a mortgage first job with 2 months payslips, I know this to be true because that's exactly what I did on my current house.

If you now view 2 months as being insufficiently long to be employed, how long would you say is acceptable? Let's remember that someone can be dismissed without much difficulty within the first 2 years of employment.

born_again

missmisskittyPURR said:

Hoenir said:

missmisskittyPURR said:

saying they are satisfied thorough, reasonable and proportinate checks were carried out and nothing to suggest irresponsible lending since I have a full time now at the time and my credit was fine.

So you are perfectly capable of now repaying the money you borrowed to tide you through a period with no income. 

not sure what you mean? how am i capable of now repaying? ive been on universal credit since

Did you inform the lender when you lost your job, so they  could take action @ that point & may be reduce your credit limit, or offer assistance at that point?

Altior

missmisskittyPURR said:

Altior said:

I don't know how the lender could be expected to have foreseen your imminent firing, if you didn't.

The counter is that if lines of credit were denied to people who had a chequered past employment history, but were gainfully employed in a permanent role when applying for credit, plenty of people would be moaning about that, too. 

i dont think anywhere i complained about they should have known i would have been fired... i said i didnt have stable income at the time and on their website it literally says you can be denied for not being at a job long enough... 

But you are stating you think it was irresponsible lending at the time you applied. When you were employed.

It doesn't add up does it, as you yourself must have thought you would have the means to pay your liabilities at the time of applying, and declared as such on the application. And your income demonstrated you did, otherwise the application would have failed. Now you are stating that they should have looked at your previous chequered employment history, and foreseen that you might have soon been fired, but you knew about your employment history as well, but applied for credit anyway. 

missmisskittyPURR

Exodi said:

missmisskittyPURR said:

Exodi said:

I think given that you can get a mortgage with only a couple months payslips, I think it's unreasonable to suggest they should have declined you because you'd 'only' been working somewhere for 2 months before you were fired. In fact, I got my most recent mortgage after having only worked for two months at my current employer!

To stretch the point, you can be dismissed without much effort within your first two years of employment, and I don't think anyone would suggest people shouldn't be entitled to credit before that.

Unfortunately I think you're blaming the lender for the issues caused by being fired. What would you have done if they had declined you? At the time, I'd imagine the money was very useful.

dont you need a down payment for a mortage, youre implying you can get a mortage first job with 2 months payslips which isnt true

Where did the 'first job' bit come from - I didn't say that nor was it your first job either?

I'm not implying you can get a mortgage first job with 2 months payslips, I know this to be true because that's exactly what I did on my current house.

If you now view 2 months as being insufficiently long to be employed, how long would you say is acceptable? Let's remember that someone can be dismissed without much difficulty within the first 2 years of employment.

I never said you did? I was it was implied, the statement that you were able to get a mortage with only 2 months of payslips is wrong, you would of have to put down a despoit which would show you're able to save and have had a stable income for x amount of time. You did not get a mortage with only 2 months of income total. 

k12479

You asked this question on reddit a couple of days ago and, not liking the answers, deleted it. The answers you are getting here are the same.

R_P_W

Sounds more like irresponsible borrowing to me. You spent the money and now you have to pay it back. If you are struggling then maybe the lender can offer some for, of support with this but I don’t think they are obligated to.

You said that when you got fired from your job that you used the card for your daily finances? So the card at the time was of use to you? What would you have done if you didn’t have the card at the time?

is there any particular reason why you haven’t been in employment for four years? Or attempted to address this before now?

PixelPound

fatbelly said:

missmisskittyPURR said:

So I applied for a credit card in 2021, I was employed for 2 months at the time (and job before that was employed 3 weeks left to go to that job, and before that I was unemployed for 6 months and all jobs before were temps) and I was approved and the next month after I was fired, so naturally I used the card to stay on top of finances and I have been stuck in this rut since.

Years later now, trying to sort out of my finances, I realised I probably shouldn't have been approved for a credit card since I didn't have a stable income at the time, having only worked there was 2 months. So I complained saying I would like a payment plan, or a reducation in interest etc and they sent their response back saying they are satisfied thorough, reasonable and proportinate checks were carried out and nothing to suggest irresponsible lending since I have a full time now at the time and my credit was fine.

Checked their website they said reasons to be declined 'you haven't held your current job for long enough' I don't believe 2 months is long enough at all.

They basically said at the end of their email to go to financial ombudsman if I want to fight it.

Do I have a chance? What can I do?

It is quite normal for a lender to reject an affordable lending complaint.

You now need to escalate it to FOS. There is no cost, no downside to this.

The process is set out here

https://debtcamel.co.uk/refunds-catalogue-credit-card/

Do this. Whatever posters think whether you have a valid claim or not, is to put it bluntly, irrelevant. 

Affordable lending claims go through the same route. You first complain to the lender, get their final response, then escalate it to FOS.

Did you get any limit increases or did you miss payments? If so, you might have a case, if you simply got the card maxed it out but made minimum payment then possibly not. However only FOS now can decide.