First post so please be gentle....
.... just wanted to see what others thought - I have been trying to rebuild my credit following some debt issues 20 years ago. I saw the website advertised on the TV and thought I would take a look.
The site is great , advising me on credit cards that could help me with rebuilding my credit. I am currently in a great job with regular income so this seemed ideal. I applied for 2 credit cards as suggested and was accepted with fairly low credit limit. I have been using these cards and paying them (not just the minimum payment) and all going well.
I then received an email from the site that I regularly receive every few weeks informing me of my current credit score and to my joy the credit score had increased - within the email was an opportunity to continue increasing my score my applying for another card- I entered details and was told 90% chance - so clicked continue and filled out application online similar as before.
Message popped up saying further info was required and company of credit card would contact me.
5 days later I received a letter saying that the card I applied for was declined as I had taken out a credit card only 9 months ago from the same "parent" company - this search was now to be shown on my credit file as a negative !
Now, I realise that applying for multiple cards is a bad thing for credit scoring, however I felt a bit cheated as I was only following Clearscores own email stating I should apply to continue rebuilding my credit !! Their suggestion has now ended with a negative mark on their scoring system !
I just feel a disclaimer should have been present for me to see (not hidden in layers of small print) when I applied stating that even though we have recommended this card to rebuld your credit , applications to this credit card provider may be adverse ifyou already have one of their cards....
...Am I being reasonable or not ? Happy to hear whether you agree or disagree with me
Thanks in advance