Cycle to work scheme - for against?

[SA Gold]

Re: Cycle to work scheme - for against?

Ok don't worry. Obv your score isn't high enough yet. Keep paying on time for 6 months then reapply and you'll be fine. As for applying with your bank; I'd look to wait a bit as your score might not quite be enough. Best way to test, try and add £50 to your overdraft. If it works you might get accepted for a card.

Will do mate, thanks. Not my evening

Hbos work similar to that. You have an overall approved products list which might say. £x for overdraft and that's it. Or it might say £x for overdraft & £x for credit card / loan. That's based highly on internal score with an external search as back up. If hbos is your bank; try and increase overdraft by a small amount. If it works you might get a card. If it declined then don't apply for a card (an OD application is based 100% on internal scoring - no credit search will be done)...!

Just had a look on RBS and Halifax sites - they offer everything Lloyds do (and i make use of like AA, worldwide travel, mobile cover etc for less) so not sure whether it would be worth transferring to them in the new year if their lending criteria is a little more relaxed, or just sit tight with Lloyds and wait for the magical 3 years of adverse? Halifax are crediting accounts with £100 when using the transfer tool. This is of course assuming they would have me

Thanks
SA

[Never-In-Doubt]

Re: Cycle to work scheme - for against?

Ok don't worry. Obv your score isn't high enough yet. Keep paying on time for 6 months then reapply and you'll be fine. As for applying with your bank; I'd look to wait a bit as your score might not quite be enough. Best way to test, try and add £50 to your overdraft. If it works you might get accepted for a card.

Hbos work similar to that. You have an overall approved products list which might say. £x for overdraft and that's it. Or it might say £x for overdraft & £x for credit card / loan. That's based highly on internal score with an external search as back up. If hbos is your bank; try and increase overdraft by a small amount. If it works you might get a card. If it declined then don't apply for a card (an OD application is based 100% on internal scoring - no credit search will be done)...!

[SA Gold]

Re: Cycle to work scheme - for against?

You've waited 3 - I'd try again mate. Another search won't hurt you

Just got bombed out mate:

[Never-In-Doubt]

Re: Cycle to work scheme - for against?

You've waited 3 - I'd try again mate. Another search won't hurt you

[Never-In-Doubt]

Re: Cycle to work scheme - for against?

No mate flybe is creation cards / Sygma bank

[oscar]

Re: Cycle to work scheme - for against?

Isnt Flybe MBNA? Dirty, Dirty word/acronym

[SA Gold]

Re: Cycle to work scheme - for against?

You can have upto 7 creation cards at any one time, all they ask is that you wait around 3-6 months before reapplying (but if successful then you can reapply every month if you wanted)... Why not get another 0% one - like the world card

Is it worth trying now mate (not sure if things have changed since i was blown out here, where you suggested waiting six months before reapplying)?

my mate on mse now has 6 (all creation) all applied for in the last 2 years. Idiot will be screwed before too long

At least he knows where to come if that does happen mate!

[Never-In-Doubt]

Re: Cycle to work scheme - for against?

You can have upto 7 creation cards at any one time, all they ask is that you wait around 3-6 months before reapplying (but if successful then you can reapply every month if you wanted)... Why not get another 0% one - like the world card

my mate on mse now has 6 (all creation) all applied for in the last 2 years. Idiot will be screwed before too long

[SA Gold]

Re: Cycle to work scheme - for against?

Do you have access to a 0% card mate?

No mate. I've got a Flybe which i used to transfer my Tesco Mastercard balance at 0% although that doesn't include purchases. I am going to follow your advice and apply for another 0% transfer card with my own bank in new year (Lloyds) when i hopefully achieve 3 years clear of adverse. I wonder if the Lloyds/TSB dis-association has made any difference to their lending practices

If successful, i could close the Flybe and open another Creation based on for 0% purchases if need be although all this would be after Christmas :

Thanks,

SA

[Never-In-Doubt]

Re: Cycle to work scheme - for against?

Do you have access to a 0% card mate?

[SA Gold]

Re: Cycle to work scheme - for against?

Think we have all decided against this scheme. Rather get it on a 0% card and actually own then bike outright

Thanks for posting!

SA

[Pixie]

Re: Cycle to work scheme - for against?

It wouldn't be any good for me either when I'm working...far too much stuff to take to fit on a bike.

[SA Gold]

Re: Cycle to work scheme - for against?

Poor Mrs SA Gold!!

[IF]

Re: Cycle to work scheme - for against?

No good to me either - i drive in! I may use it for the Mrs Christmas present

Poor Mrs SA Gold!!

[SA Gold]

Re: Cycle to work scheme - for against?

No good to me..... I walk to work.......

No good to me either - i drive in! I may use it for the Mrs Christmas present