Credit From Bank

Hi all,
This is starting to really annoy me now but maybe someone here can explain what is going on.
I applied for a loan a few months ago of 5k but was turned down as I have a temp. contract.
I was turned down for an overdraft.
Yesterday I was turned down for a credit card.
I have been working 1 year since graduating on about 28k a year.
I had 1 loan which I paid off early and no late repayments.
I checked my credit rating with the ICB and it's 501 (ICB CRIB 2*).

What is going on?

as I have a temp. contract.

Click to expand...

You said it yourself..

I was being handed credit cards on the street when I was a student. Just sign here and it's in the post.
I got a loan from the bank just because I was a student with absolutely no proof of income at all.

This is simple common sense. If you give me things interest free when I'm a student with no income, then you make no money off me.
If you don't sell me things which incur interest when I do have an income, you make no money off me.

It is indeed very easy to see why all our banks are on the brink of collapse.

Also be aware that all applications for credit, be it overdraft/loan or credit card, may show up on your ICB report. Too many applications for credit may look like desperation for funds.