We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Best credit card for low income (benefits) for Sec75 consumer rights

1235»

Comments

  • DarthDaisy
    DarthDaisy Posts: 85
    10 Posts Name Dropper First Anniversary
    Forumite

    Seems to have been a waste of time, the MSE calculator said I would not be eligible for any card, although it is a defective calculator that counts gross income and does not have category for people on benefits.

    Just confirms my position that credit is a bad thing, I will get 120 days chargeback voluntary scheme and that will suffice.

  • eskbanker
    eskbanker Posts: 42,156
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite

    Seems to have been a waste of time, the MSE calculator said I would not be eligible for any card, although it is a defective calculator that counts gross income and does not have category for people on benefits.

    Surely benefit income is gross income, so it's unclear why you'd consider the lack of a special category to be a 'defect'?

    The MSE calculator isn't gospel though (no eligibility calculators are), so it isn't a definitive representation - have you tried the bank where you have your current account?

    Just confirms my position that credit is a bad thing

    That's just confirmation bias!

  • born_again
    born_again Posts: 25,196
    10,000 Posts Seventh Anniversary Name Dropper
    Forumite

    2nd above. Benefits are income.

    Life in the slow lane
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.