Credit Card - poor rating help!

Dreama

Afternoon,

I am looking for a credit card to accept balance transfer (i have a balance of £600 on a barclaycard) however my credit score is poor (approx 500) and I don't want to apply for too many and get rjected. I haven't tried any as yet, but does anyone know of anyone who is worth trying? I have seen the rebuilder cards, however the interest is more than I am paying currently ... is it impossible to achieve a 0% card with my shabby rating?

Thanks in advance!!:o

jimbo26

Unlikely in my opinion.

Mark85_2

From what I have seen, people with poor credit scores or scores requiring improvement would be unlikely to be accepted for a 0% balance transfer card. This would probably extend to those with a fair score too.

My only suggestion would be to try a card with a better rate, or chance your mitt with your credit card company to see if they will give you a reduction.

dexters_mum_2

I think it would be unlikely you'd get the same or greater limit with a new provider, even with a company like Capital One, they may only give you £200 as a starter.

Have you tried using the smartsearch on moneysupermarket? It'll show you which cards match your credit profile.

Otherwise, ask your current provider if they can offer you a deal. If you don't ask, you don't get!