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modu

modu
modu Posts: 28 Forumite
Hi there! all you good MSE's

Iam new to stoozing ! I have a couple of Q's
I was recently approved for a 12K Loan.
I already have 2C.C's with a combined limit of £3K
Today I applied online for a virgin C.C
I would like to apply for 1 more card as a mule ?
Is it safe/sensible to do it this way? I am very protective of my Credit Record !
Has anyone had dealings with the Partnership Card from John Lewis ?

Thx everyone in advance for helping out !

Comments

  • Clariman
    Clariman Posts: 1,484 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    modu wrote:
    Hi there! all you good MSE's

    Iam new to stoozing ! I have a couple of Q's
    I was recently approved for a 12K Loan.
    I already have 2C.C's with a combined limit of £3K
    Today I applied online for a virgin C.C
    I would like to apply for 1 more card as a mule ?
    Is it safe/sensible to do it this way? I am very protective of my Credit Record !
    Has anyone had dealings with the Partnership Card from John Lewis ?

    Thx everyone in advance for helping out !

    Are you stoozing or rate-tarting ? Stoozing is generally done by people with no credit card or loan debts, who borrow money at 0% from credit card intro offers and then earn interest off it in a savings account. I ask because you say that you have a 12K loan which suggests a real debt to me.

    If you get a Virgin card you have no reason to get an additional card as a mule card because Virgin can send money directly to a bank account anyway.

    Clariman
    Author of the first Stoozing FAQ on the Internet and Creator of the SOA & Snowball calculators at Lemonfool.co.uk
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