 Help!! I applied for a Citi credit card but was denied one with made up reasons? How can i report this? |
| In their reasons they say that I have late payments and that my credit score is low. however, i have a service with experian ("the" credit agency they used) and their credit report didn'... |
|
 What rights do co-signers really have? |
| I was stupid 2 years ago when my neice needed a cosigner for her student loans. She promised me and her mother that she would never, ever not pay the loans. Well, now she has changed her mind and ... |
|
 Which one is it....? |
| I work at a bank so I should know this but everyone gives different answers. When you get your credit card statement is it better (credit score wise) to pay it off in full or just pay a big chunk. B... |
|
 How do I get the creditors to stop calling? |
| My fiance's creditors (NCO Financial, Canada) keep calling my parents house asking for him. I have told them SEVERAL times that this was the wrong number. They have my fiance's number but ... |
|
 How much will it hurt my chances of buying a house if I.....? |
finance a motorcyle that costs $10,000. My equifax score is 687 and my experian score is 724 and I don't have my TransUnion score. Also, I wont be buying a house until October.
I ... |
|
 If you had to guess, how much personal debt do you have? |
| Not counting car loans or mortages. I know this is a tough question and most people would not want to answer. But I am just trying to guess where I stand, if anyone is willing to answer.... |
|
 Does your credit score go down if to many credit lenders look? |
| I am looking to buy a house and want to seek a few different options before buying. If I have them all pull my credit will this cause my score to decrease? Please tell/show me how you know this.... |
|
 Is a credit score of 645 good? |
| i was thinking of getting a loan to get a house built for when i get out of college. will that be enough to get a loan?... |
|
 Credit card nonpayment? |
| What will a credit card company do for balance of $5300 that I owe them and am not able to pay?... |
|
 What should I do? |
| I found out via my credit report that in 1995 my sister used my SS # to get a phone in her name, now I have a $430.00 bill. How should I handle it? Should file fraud, pay it myself or demand she pay ... |
|
 How to start my credit history? |
| What is the first step should I take to begin my credit history? Loan, credit card?... |
|
 Is it better to pay off old debt? |
| my husband has some old stuff on his credit report that is now in collections. some of the things are 3 years or more old. is it better to pay these collections off, or will they eventually fall ... |
|
 I am 20 years old soon to be 21 is 710 a good credit score for me? |
| Does everyone start off with a score of 830 and then it drops down or do you work your way up to a perfect score? What does my score of 710 actually mean? I do have credit cards but whenever I get ... |
|
 Should I take a loan offer from the United Kingdom? |
| I have had 3 or 4 loans offered to me and they want me to wire them a 200 dollar lawyer fee. Should I or has anyone else in here done this. I am in desperate need because of school and also my other ... |
|
 My credit rating is awful.? |
| My curent credit score is 511. I have been paying ALL my bills on time for 8 months now and have also cleared 2 defaults, but my score isnt improving. Ihave registered with experian and have been ... |
|
 Is there somewhere i can get my credit report for free? without entering a credit card number...? |
| i don't want to give up a credit card number...i feel that if they say FREE CREDIT REPORT that i should not need to provide a c.c. # sounds like they are trying to pull a scam...i know that i ... |
|
 Credit score below 520 and in need of a loan can any body help? |
| i am in need of loan and my credit score is below 520 due to a divorce I am a single mom with 3 small kids I am looking for some lender that can help me I have no money to pay out and prosper my ... |
|
 Should I get a personal loan to pay off credit cards? |
| I currently have two credit cards (#1 - $1569.94(14.99%), #2 - $4,153.37(15.99%)) I'm having no problems paying them down, even though it is going down quite slowly. I am usually paying the ... |
|
|  |
Dreamah | How can i find out why i was refused credit? |
i've got a credit report from experian but that still dosen't answer my question, as all that says is that i make all payments on time, is the another company that can be a bit more acurate? |
 |
 
Lord Charlemount
|
Your credit report is not the sole criteria as to whether you are accepted for credit. It is also down to the individual bank/finance companies own criteria. They will have their own credit policy, usually built on experience from their existing customers (eg if a higher percentage of 18-23 years are defaulting on their loans, they will make it harder for 18-23 years olds to get loans). Companies range from prime lenders (lend only to home owners, proven histories, certain age, good repayment capacity) to sub prime (will lend to just about anyone including those with county court judgements, poor credit history etc with every shade in between. The more Prime a lender, generally the better the rate (as they will have to deal with less defaults and bad debt), whereas sub-prime lenders charge extortionate rates that effectively subsidise those customers that don't pay.
Don't take it to heart - if you have a clean history, there will be plenty of other quality lenders who would like you as a customer |
|
spirishno1
|
The company that denied you credit has to supply you with the name of the credit bureau they used. You can then receive a free report from that credit bureau. However, just because you pay on time doesn't mean they will extend you credit. They can deny if your income to debt ratio is too high. So even if you pay on time, but you owe alot of people, they can turn you down. The company should also disclose if you request it in writing, the reason they turned you down. |
|
Steve P
|
Who refused you? ask them. It seems they may have different criteria other than the Credit Report?
Lending you money is based on 3 C's : Character; Credit and Capacity.
Your character is based on whether you own or rent your home, how long you've lived there, how long you've been in the area, and the type of occupation (Doctor versus waiter), and how long you've had the occupation.
Your Credit is from your Credit report. They will look at what loans you now have, how long they have been opened and the purpose of the loans.
Capacity is based on your income and your current expenses. The total of your debt payments is tested against the income you have to pay these, each month. Also considered is payment on any new loan for which you are applying.
Finally, remember to capitalize the word "I". |
|
beauty s
|
get a copy of all 3 credit reports and see whats on them |
|
jonathanjocat
|
I let my son move into my house as I had bought another following the death of my mother. I had post redirected for 2 months, However letters still arrived at my old address and my son failed to give them to me. When I visited he handed me me a huge bunch of correspondence including about 8 from my Monsoon account to say I owed £15+ which I immediately paid following a phone call to explain circumstances. I have recently been turned down for a John Lewis Card for being a bad risk. |
|
vixalle21
|
the company that refused you the credit HAS to send you their reason within 30 days, its the law. You'll get a letter with their explanation. |
|
lilpuppy6
|
You need to get all 3 credit reports.
Sometimes the other bureaus report incorrect info on your file, and you may be denied credit if the creditor uses that agency for credit decisions.
Good luck. |
|
Love Poet
|
Anytime you are refused credit from someone they have to give you a report by your request which will show your credit history.
Normally with the refusal of credit you get a paper or sheet saying you were refused credit after a credit report was run. At the bottom of the page, which might be in small print, is an address you can write to and you have so many days to do so to get that free report. |
|
danielmcfate
|
Were there any derogatory remarks? Do you have multiple revolving accounts or too many high balances?
Usually if you are denied credit, you are sent a copy of your report with some explanation. Late pays, slow pays?
It might be important to look at your other reports.
Sometimes people have been victims of ID theft and it only shows up on one or two reports.
If you need or want ID theft protection with a restoration component, feel free to contact me. I have a business helping people with such things.
Best of luck and don't ignore your problem as it's important to keep a close eye on credit. |
|
untanuta
 |
you can get a more in depth one through experian on line but the down side of that you have to sign up for £6p/m fee |
|
nicola s
 |
www.equifax.co.uk |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 39 minutes(s) ago
| | | |
10 | 58 minutes(s) ago
| | | |
11 | 1 hour(s) ago
| | | |
11 | 4 hour(s) ago
| | | |
11 | 9 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 3 day(s) ago
| | | |
11 | 6 day(s) ago
| | | |
11 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
