There's no point really is there?

SRod
SRod Posts: 5 Forumite
in Credit cards
For all the good advice etc. It is really all for people with money already and good credit rating.


Earning 40k and being turned down a 0% card for 2 years to pay off 4k should be easy (c. £200 a month). But no.
«13

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    First Anniversary Photogenic Name Dropper First Post
    Are you willing to try to find out why and fix it?
  • stokie21
    stokie21 Posts: 24 Forumite
    SRod wrote: »
    For all the good advice etc. It is really all for people with money already and good credit rating.


    Earning 40k and being turned down a 0% card for 2 years to pay off 4k should be easy (c. £200 a month). But no.


    what does your FREE money saving expert credit report say?
    If It's Not Broke Dont Fix It !!

    :T
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    You need to ask yourself why you have persistent debt when earning £40K, because lenders do hence the declines.
  • onlyfoolsandparking
    onlyfoolsandparking Posts: 1,779 Forumite
    First Anniversary First Post Name Dropper
    It's a minefield no matter what anyone tells you, the circumstances are endless and lenders make and change the rules, you can help yourself by making sure you have the basics covered:


    Make sure your on the electoral roll
    Check all your credit files
    Make sure all your payments are up to date
    etc etc etc
  • Bermonia
    Bermonia Posts: 977 Forumite
    First Post
    OP do you actually have a question or did you just come here to vent?
  • Terry_Towelling
    Terry_Towelling Posts: 2,279 Forumite
    First Anniversary Name Dropper First Post
    Back in October, OP posted in another thread that they had a bad credit rating and that paying back a credit card debt at a rate of up to £150 per month would be a stretch.

    So that potentially answers the question about why lenders won't give a good BT deal - despite the irony that a good 0% BT deal would actually help OP to restore some financial order and be less of a lending risk.

    I don't know your circumstances, OP but there must be, or must have been, something else financially crippling in your life to render you in this position whilst on a £40K wage.

    Would you like to share just in case someone here can come up with a solution?
  • SRod
    SRod Posts: 5 Forumite
    Nothing crippling, just London living costs.


    I stand by what I say, though, all deals are for people with good credit ratings etc. I've tried offering something that will clear a debt, but get ignored.
  • Mr_Singleton
    Mr_Singleton Posts: 1,891 Forumite
    SRod wrote: »
    Earning 40k and being turned down a 0% card for 2 years to pay off 4k

    There has to be more to this than that.
  • Mr_Singleton
    Mr_Singleton Posts: 1,891 Forumite
    SRod wrote: »
    all deals are for people with good credit ratings etc.

    Well that’s a shocker!!
  • Mr_Singleton
    Mr_Singleton Posts: 1,891 Forumite
    dealer_wins wrote: »
    You need to ask yourself why you have persistent debt when earning £40K

    In fairness to the OP a £40k salary might be very good in rural Wales but is pitiful in London.
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