Bad Credit Report

[croyde]

Someone at Sainsburys approached me to see if I would sign up to their credit card and as she was pretty I said yes knowing that I would just not say yes when the paperwork arrived.

Got a letter a week later saying that they could not consider me due to a bad credit report.

Bloody surprised me as like a Lannister I always pay my debts.

Anyhow my Experian report arrived today and I can't find anything wrong.

Could the reason be because I don't incur debts so they won't get any interest payments out of me?

Cheers

[croyde]

Any takers?

Just concerned as I was thinking of purchasing my first new car in ten years by PCP if the rates are favourable and investing the cash elsewhere to hopefully make enough profit to pay the balloon.

I presume if I'm considered a bad credit that PCP, HP etc won't be offered.

[croyde]

PurpleMoonlight said:

You are worrying now about something you intend to do in ten years time?

Haha. I can see how that read. I meant it has been ten years since I last bought a new car.

So credit card companies won't like my report but mortgage lenders and finance companies will?