Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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I have a number of credit cards, my debts are getting a bit silly of late, so i needed to get another 0% balnace transfer card, yet i applied for another card recently and got declined.
I cant see a reason i have been as i always paybills on time and by direct debit. I have a topshop account they didnt send me a statement last month and i forgot so i subsequently missed a payment, think this could have affected it?
Never had a problem before im full time employed, pay massicve amounts off my cards each month and spend some too, thought that gave u good credit!!
If i have been refused one, i take it my chances of gettin another are slim??
Any help appreciated as i think it may be laon time 
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TNM
Member
Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
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Who have you got cards with at the moment?
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Graham
Member
Registered: 12th Oct 03
Location: Lincoln.
User status: Offline
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which one did you aply for? some cards have higher scoring than others. i got refused from barclays but accpeted from HSBC 
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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I have Capital One, Egg and Mint.
I applied for a Virgin card!
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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Dude, get one loan, and pay them all off. Then dont get any more 
[Edited on 11-07-2005 by Ally]
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Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
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You can "overload" on credit
Eg if you tried to get a phone, mortgage & store card all in the space of one month you would probably get declined for one, maybe even two of these things
Who did you apply for one with?
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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Applied with virgin, last thing i applied for was errr 8 months ago
Hmmm, gay gay gay, should get a loan really. Ally speaks the truth
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SteveW
Member
Registered: 15th Jul 02
Location: Up in the clouds
User status: Offline
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OI PISSFLAP
did you get me text this morning about the seats ?
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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how much debt are you in?
*u dont have to answer if u dont want 2*
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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yeah, just sort it out. Multiple credit cards are a great way to fuck yourself financially. If you can't afford something now, wait, save, then buy it.
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Speak to me about this 
I had to get a loan to clear 3 cards and paid the loan off over 2 years, it meant selling everything and not doing anything but the satisfaction at the end of it is
Missing one payment on a storecard will not give you a bad credit history 
Let me explain how experian work, if you constantly get your payments in on time you will be getting 1 1 1 1 1 1 1 1 1 1 on your payments as they monitor it, if you missed a payment you will just get 1 1 1 1 1 1 1 2 1 1, and as long as you paid the next month like my expample the two goes back down to a 1 again.
If you miss another payment your history will look like this on that particular card 1 1 1 1 1 2 3 4 5 then you get a big red mark and then default notices are issued to your address
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Do a free trial on Experian, costs £4.95 to get a quick look at your history but its very intresting and you learn a lot.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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Some lenders may decline purely on the basis that you have tried to apply for credit with a lot of other places in a small period of time.
I need to get a big loan to pay off all my credit cards quicker etc. but not even my bank will give me a loan - probably something to do with the fact that I just moved relatively recently as well, and I don't think I'm on the electoral roll yet?
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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Hmmmm.
I think a loan is a good idea, my girlfirend has done the same olly, i owe about £5k on credit cards. a bit less maybe.
A 5k loan should sort it really, if i get accepted 
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Edd
Member
Registered: 8th Nov 04
Location: Glasgow
User status: Offline
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halifax phoned me this morning they are offering 0% interest over 12 months i declined.try them
[Edited on 11-07-2005 by Edd_20]
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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5k erk!
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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5k is nothing!
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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Hopefully I should never get into debt, until I get myself a fat house
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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If u are on good terms with egg, they will give you a loan.
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by Sam
5k is nothing!
Agreed!
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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I may try halifax as a last resort. But i fear if i got declined then itl go against me getting a card with them!
£5k is alot IMO, but £1.1k of that is insurance, i paid it in installments and it cost me loads, never again.
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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quote:
Originally posted by willay
Hopefully I should never get into debt, until I get myself a fat house
Being in debt is part of modern life, im not fussed about it, i am just in too much debt at the moment, i work in a commision based job and since jan our commision rate has halved so im earning fuck all!!!!! 
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Try Egg for a cheap £5k loan
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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quote:
Originally posted by Jambo
quote:
Originally posted by willay
Hopefully I should never get into debt, until I get myself a fat house
Being in debt is part of modern life, im not fussed about it, i am just in too much debt at the moment, i work in a commision based job and since jan our commision rate has halved so im earning fuck all!!!!!
Well its part of modern life is you accept it into your life imho. Like I said before if theres something I want I'll save, I always look at the big picture, the long run etc when it comes to stuff like insurance.
good luck with destorying the debt monster.
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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A monster it is indeed
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