R
Robot1
Guest
I'm in total shock
As the title says, I've a good salary and no debt. I always pay my credit card on time and in full. However last month I had some unforseen expenses and wouldn't be able to pay CC in full, so I applied for a MBNA CC for the 10 month interest free on balance tranfers, so to avoid interest payment on my Ulsterbank CC.
I provided MBNA with required documentation which included 3 months bank statements. During those three months my current account went into 'overdraft' by E30. I say 'overdraft' because my account doesn't actually have a overdraft facility and Ulsterbank charged me E4.44 for becoming overdrawn. I was in hospital at the time and wasn't keeping a close eye on my direct debits. The account was back in credit within four working days. I rang my Ulsterbank branch afterwards to appologise for my oversight..they said it wasn't a problem.
Anyway based on this single account discrepency I have been declined for an MBNA CC.
Does anyone else think MBNA's approach to approving credit is somewhat extreme? I have never been refused credit in my life before.
Thanks for reading
Robot
As the title says, I've a good salary and no debt. I always pay my credit card on time and in full. However last month I had some unforseen expenses and wouldn't be able to pay CC in full, so I applied for a MBNA CC for the 10 month interest free on balance tranfers, so to avoid interest payment on my Ulsterbank CC.
I provided MBNA with required documentation which included 3 months bank statements. During those three months my current account went into 'overdraft' by E30. I say 'overdraft' because my account doesn't actually have a overdraft facility and Ulsterbank charged me E4.44 for becoming overdrawn. I was in hospital at the time and wasn't keeping a close eye on my direct debits. The account was back in credit within four working days. I rang my Ulsterbank branch afterwards to appologise for my oversight..they said it wasn't a problem.
Anyway based on this single account discrepency I have been declined for an MBNA CC.
Does anyone else think MBNA's approach to approving credit is somewhat extreme? I have never been refused credit in my life before.
Thanks for reading
Robot