Shocked!!!
Ive been turned down as they feel that it would put me under undue pressure to pay back the new increased balance
I think I know why this is...
Ive a credit card with AIB and its maxed out at 1200 (yes one thousand two hundred) euro.
I religiously pay money off it each month, always more than minumum but some months over last year ive dipped into it again and let it go over its limit, so ive paid a number of overlimit fees. im talking like maybe 50 euro over limit, nothing more than that.
My current account is with them too as is the joint account that my mortgage comes out of. They can see that my current account is near zero at the end of each month, yet I never miss a payment anywhere, sky, bord gais, esb, mortgage, etc and we let the joint account build up as we deliberately overpay into it, all bills etc come out of the joint ac.
So Ive been declined based on affordability.... gutted.... wasnt even a flash car i was looking at
my own car has its problems which will now cost me more in the long run.
Time to sort out finances a bit with regards to credit card.
question 1: how long will overlimit fees on my record prevent me from getting a loan!?
question 2: is it difficult to move to another credit card with 0% 6 month holiday on interest and clear off my AIB one or will these overlimit fees prevent it?
question 3: who is the best company to move to?
question 4: has anyone a scissors so I can slice up my card?