Barclays Bank reveal record profits.............
Barclays Bank reveal record profits.............
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Discussion

Wacky Racer

Original Poster:

41,406 posts

278 months

Tuesday 21st February 2006
quotequote all
Interesting they turn down one in every two credit card applications....

http://news.bbc.co.uk/1/hi/business/4

minimax

11,985 posts

287 months

Tuesday 21st February 2006
quotequote all
well not really, they're safeguarding their client base. their goodwill in the marketplace is huge so they have no real need to scavenge for business or even offer any inducements to take up their card...besides, they have subsidiaries like monument for their sub-prime credit card lending

mondeoman

11,430 posts

297 months

Tuesday 21st February 2006
quotequote all
minimax said:
well not really, they're safeguarding their client base. their goodwill in the marketplace is huge so they have no real need to scavenge for business or even offer any inducements to take up their card...besides, they have subsidiaries like monument for their sub-prime credit card lending


So that why they send me a pre-approved application form, then didn't bother to get back to me when I returned it.....
ho hum

Muncher

12,235 posts

280 months

Tuesday 21st February 2006
quotequote all
What's the betting that half the applications they recieve are from Nigerian princes though?