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Should I apply for credit card now?

6 replies

Comeagainow · 18/08/2022 17:39

Hi, I just bought my first house (on Monday!) I would like to take out a 0% credit card so I can get all my furniture now and pay over the coming year. I’ve waited until everything has completed on purpose so as not to interfere with mortgage checks etc.
Now it’s all gone through with the house, am I good to go re credit card? Am I likely to get turned down as have just taken out mortgage mere days ago? Should I wait a while or can I go for it do you think?

OP posts:
MrsTeaPlease · 18/08/2022 23:14

Following as I'd like to know this too!

Comeagainow · 19/08/2022 00:14

Anyone at all?

OP posts:
lastminutedotcom22 · 19/08/2022 00:26

I don't know specifically but I used to work in retail back in the day of selling store cards and they always got declined If people had t lived at their new addresses very long as the Experian checked needed some data I think it was 3-6 months I can't remember it was a long time ago

In the current climate tho id just save up for afew bits at a time I wouldn't put anything on tick as it were

Hotpinkangel19 · 19/08/2022 00:28

It's fine. Just been through this myself.

Ariela · 19/08/2022 01:17

I would not borrow money in this climate. Especially not on a credit card. You do not now how big fuel/power bills will be either. This time next year you might be in the position of having to pay interest. Or sooner if you have to miss a payment for any reason..
You can easily find stuff that is perfectly good as new on FB Marketplace.
I'd buy a new mattress, but other than that everything else you can probably get for £0-50

Hawkins001 · 19/08/2022 01:23

Check the fine print details, be sure you can repay, realistically could you buy second hand now, then save for the preferred choice ?

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