I am 21 and have just graduated. I applied for a credit card with natwest. i meet their salary requirements but they have turned me down for it. Iv tried going on experian and one other credit site to try and get a report to see what it is that stopped me getting one. However they ask for a credit card to be able to do this........i dont have one and cant get one so how can i find out?!! this is really annoying me as i dont have any debts (other than my student loan) and i have no idea what is giving me bad credit. Any ideas?!
2006-12-05 22:12:32 · 12 answers · asked by Anonymous in Business & Finance ➔ Credit
credit companies can sometimes simply refuse credit due to a lack of credit history! Sounds weird i know! Different banks have different criteria for credit facilities.
maybe try capital one as they tend to let most people have a credit card. once you've got one, get a report from experian and also equifax to check there are no problems on your credit history.
I believe that it is also possible to write to both of these companies supplying their fee via a personal cheque.
2006-12-05 22:31:03 · answer #1 · answered by trick 2 · 0⤊ 0⤋
Congress authorized last year that people are entitled to a FREE copy of their credit report 1 time a year. They set up a site for it, which, unlike certain other credit report sites, you don't need to give credit card information for & then cancel the service later.
Go to this site, and you'll need to create an account. This site is sanctioned by the United States government and endorsed by all three of the major credit companies (I'm sure you can find it in the fine print if you wish to check for yourself.) Reports are available online for 30 days after requesting them.
http://www.annualcreditreport.com
2006-12-05 22:22:53 · answer #2 · answered by amg503 7 · 0⤊ 0⤋
it may not be that you have "bad" credit but that you have a lack of credit. If you can't get a report at experian or equifax, you are entitled to a free report once a year. You will have to sit down and pen a letter to each one of the credit reporting agencies and mail it in. It may take a bit longer, but they should send you a free hardcopy.
2006-12-05 22:22:52 · answer #3 · answered by Screaming Banshee 3 · 0⤊ 0⤋
It's probably the vicious circle. You need some credit history before they will think about it. Other factors include time with employer and whatever repayments you are making on your student loan.
2006-12-05 22:18:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Go into your NatWest brancgh and ask them. They can probably give you more information than we can.
2006-12-05 22:14:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
They will also take payments by cheque...go to their web site and call them to find out more !!
2006-12-05 22:16:17 · answer #6 · answered by IloveMarmite 6 · 0⤊ 0⤋
If you sign up to the new peoples bank, Zopa. You usually get it free.
2006-12-05 22:16:31 · answer #7 · answered by Barbara Doll to you 7 · 0⤊ 1⤋
ask your bank or got to the CAB for advice
2006-12-05 22:35:41 · answer #8 · answered by Rachel S 2 · 0⤊ 0⤋
www.mycreditfile.com.au
free of charge and very interesting. you never know who's watching out there.
2006-12-05 22:51:53 · answer #9 · answered by bettyboo 1 · 0⤊ 0⤋
Try H.S.B.C
2006-12-05 22:21:45 · answer #10 · answered by Anonymous · 0⤊ 0⤋