Mate, I have a 800 credit rating, have a mortgage with them, work for them and got rejected on the spot. lol.Yep -
Got the reject letter today...
Geez they are tough cookies - dont know what I have done to P*ss them off.
Nobody else seems to have any trouble with me
Right! Sorry I have missed some of the context / history of this thread. Just seems whenever I get an update from it it tends to be Macquarie playing hardball.I think Dr Ralph was referring to Macquarie. He churns as much as anyone and still gets approved for Macquarie cards again and again.
I think it's more about income/liabilities.I guess it comes down to how much you are pushing the limits of what credit you can get and other things.
Number of credit applications would be a factor they would probably consider but Dr Ralph’s experience would suggest that it’s not an automatic veto of applications.
Some institutions do seem to put more weight on number of recent applications than others though.