Wren finance

[Jollywren]

Bit gobsmacked jusy been turned down for wren interest free finance. Do others think this is a sign of the times? I am.the second earner in household but on 33k. Only want 14k over 3 years. Am early 40s excellent credit history same bank acc since 16 credit card for 18 years credit score 999 apparently on my banking app I would get 99 per cent of availabile credit cards....then turned to building society to get a personal loan instead since no go interest free. That's fine but Apr is 27%!! Small outstanding loan for car have- paid off most ie 20k at apr 3.9 %. with same BS.

What's going on was salesman bullshitting when he said noone gets turned down? Hubbies paid under an umbrella Co for last year since IR35 good money but we don't want to risk him not getting credit too since only been a year although he's worked since uni now 49 salary is 85k.....all spare money to pension say 800 a month between us it's just how we've managed our finances. Have large mortgage kids childcare etc lots of outgoings. Maybe less to pension more savings? Bit embarrassed to go back to showroom tbh!

Just interested in others thoughts- am I an outlier or is this sign of times? Ie change in lending decisions?

Maybe it’s saved you from Wren… lots of horror stories with their kitchens.

(I am equally baffled why you would be declined though!)

Have a quick check on your credit file(Experian etc).
I received a letter turning me down for finance (which I hadn’t actually applied for), checked Experian and someone had bought 6+ phones and applied for lots of credit.

We’d just moved home and our old house was empty, they had phones delivered to old address. The credit refusal actually saved us a lot of hassle as we were able to get it sorted really quickly, it could have been months before we noticed otherwise.
Its highly unlikely it is this but I always suggest people have a quick check.

Doesn’t really make sense to me either

def check your credit profile and see what’s going on

Hi thanks. All good on credit profile 999 on one and 620 out of I think 750 on another. Have combed it on more than one channel and nothing untowards.

Only two areas I can see- there is a wee swingometer thing saying my disposable income is weak and we live in overdraft in joint acc but that is laziness as cost of living rise we haven't been putting more in for ages.

For context joint income is 110k debt is 146k mortgage and small.remaiming personal loan. My income not required for outgoings BUT wouldn't cover them in entirely if I needed it to.Husband well insured for loss of earnings however. We borrow pay off reliously anything left-over to pension. Once paid off we borrow again hence wren interest free for much lusted after kitchen!

Thanks everyone I know we sound priviledged but am glad to get the perspective of others. I think I know I need to save then spend but this has worked well for me - I put any savings in pension so I can't get at the money in medium.term or it would be frittered away and always have done since starting work at 21.