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applied for lloyds credit card refused
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Credit scores are totally meaningless, and no one sees them except the person to whom they relate. They play no part in any lending decision by any lending institution. They are just a means of marketing credit information devised by credit agencies to increase their income.
What lenders use, and the only thing that is relevant, is someone's credit record. That is the history of their borrowing and paying back, and the current accounts they hold. Lenders use their own criteria to judge that record, and different aspects are relevant or important to different lenders.
The bogus made up fantasy number that is a credit score bears no relevance whatsoever to that process of making lending decisions, and people building their credit score is of no practical use at all.
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Well closing existing credit can possibly give you more ability to other credit but probably not immediately because of the time lag in reporting closed credit to credit reference agencies (CRA's). The way CRAs worked when I was involved is that each credit provider (a bank, mobile phone supplier or whatever) reports early each month new credit, closed credit, payments made, late payments etc to the CRA they report to. The data gets uploaded after that, possibly a week later. Then the other CRAs can pick up that data later and report it (but it's not an exact science). Some credit card providers won't accept a new application for a card for a specific time period after an application was rejected. And as I said, closing a credit card doesn't guarantee you'll be accepted for a different one. I hope you get it sorted
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Thank you again. My wife has just made an application to Lloyds for an Ultra Credit Card She has £32K income and a John Lewis CC with £9k limit and a Tescobank Clubcard CC with a £2k limit. She was accepted by Lloyd's for an Ultra with a £2.5K limit. Of course this proves nothing.
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(Quoted post removed by Forum Team)
The credit score issued by the CRAs is NOT "a snapshot of someone's credit history". It's simply a number made up by the CRAs. It is not used - nor even seen - by any lender. It has no bearing whatsoever on how a lender will view an applicant.A lender will take the raw data contained in an applicant's credit file, run it through their algorithms, and come up with their own internal score. Since each lender has different lending criteria, a different risk appetite and a different target customer base, there cannot possibly be a "one-size-fits-all" score.
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[Nested quotes removed by Forum Team]
I am politely asking you to direct yourself to the OPs question rather than what I experience as being impolite to me. I never said there was a one size fits all position with lenders. The credit score is a snapshot of someone's credit history (which can be assessed in more detail by a lender upon a credit application). This is not just what I say. MSE main site says it and so do others. In respect of algorithims, if an applicant has an application rejected from automatic assessment, they have the right to have it re-assessed by a human. If you have any further comments, please address them to the question the OP asked in a helpful manner. Regards
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grannypep , My wife has a successful application mentioned previously on here and Lloyds followed up with an email "You were recently pre-approved for a Lloyds Bank credit card after completing an eligibility check.
Our eligibility checker shows your estimated credit limit up front and doesn’t impact your credit score. To continue with an application, you’ll need to complete a new eligibility check".
She has £32K income and a John Lewis CC with £9k limit and a Tescobank Clubcard CC with a £2k limit total £11k. She was accepted by Lloyd's for an Ultra with a £2.5K limit , But from the email above it will require further eligibility check , which will be probably a full hard check ?. I did not get an email reply when I made my online application. This appears to suggest my credit limit £22K is too high.
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Yes, I understand. Yes, if they are saying "further eligibility check" that generally means acceptance on the soft credit check but "further eligibility check" would generally mean a hard credit check. One of the things that can have a positive effect when lenders check your credit file is having an open credit facility for a while from the same account as this suggests you are conducting the account responsibly. Another poster mentioned lenders can also do internal checks. They do do this as it gives the lender a further insight into how you've handled credit with them previously or at the present time. Some lenders have a maximum number of credit cards you can have with them (not overall including other lenders, just with them). I once had a credit card rejected to my surprise. It turned out I realised I had inadvertently input the incorrect income. I put in an appeal which was accepted. This was due to a human looking at the appeal, as per applicants' right to ask for appeal actioned by a person, rather than an automated computer decision. I wish you well in what you decide to do next.
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Hi there today my report from experian arrived. Nothing on it at all from Lloyds. Ironically an updated debit card arrived from Halifax. I called Halifax and they informed me that the change over to Lloyds will be starting in earnest in 2027. I asked which app I should install Halifax or Lloyds and they recommended Lloyds.
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I wonder if Lloyds have decided to be a little stricter on their offers of credit. I've had an Ultra card since November 2025, and about a month ago I received an unrequested message to say that my credit limit would be increased in the near future. Yesterday I had a letter from Lloyds saying that they had decided not to increase my limit, with a list of highly generic reasons for withdrawing the offer. I'm not bothered about it as I'll probably ditch the card anyway once the 1% cashback period runs out and find a better option, but it does seem a bit odd that they'd change their mind so quickly.
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I have received similar from Tesco, stating that my credit limit would increase by over 50% next month in one breath, but in same later stating that this isn't guaranteed and may be withdrawn, so why bother suggesting it in the first place??
How close to the current credit limit is your balance and do you pay in full anyway? Just curious as my Tesco one is a 0% purchase card with nearly a year still to run, so an extra few thousand would be nice, while the money to cover it sits in my savings account.
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