OCUK Finance Declined.

Nevram · 16 Oct 2011 at 21:32

Ahh the joys of being 19 years old

Just a quick question: do i get my deposit back or does it dissapear forever?

Thanks!

StriderX · 16 Oct 2011 at 21:33

OCUK keeps it forever, then sends a man round to laugh at your face.

I dunno really

[TW]Sponge · 16 Oct 2011 at 21:33

5UB gets a cheap hooker from it. Sorry pal.

godinman · 16 Oct 2011 at 21:33

This is probably a good thing mate, do you really want 1.5k (min) debt at the age of 19?

Just save up and get a £500 pc that is about 70% as good as the one you wanted.

andy_mk3 · 16 Oct 2011 at 21:34

Nevram said:
Ahh the joys of being 19 years old

Just a quick question: do i get my deposit back or does it dissapear forever?

Thanks!

I had the same last week, I'm 19 too

They return the deposit though.

I was going to start a thread on how to improve credit rating actually

Scon · 16 Oct 2011 at 21:34

godinman said:
This is probably a good thing mate, do you really want 1.5k (min) debt at the age of 19?

Just save up and get a £500 pc that is about 70% as good as the one you wanted.

Listen to this man.

fiveub · 16 Oct 2011 at 21:35

Post your order number in the Customer Services section (my signature) and I shall sort it first thing in the morning for you when I get to the HQ.

d_brennen · 16 Oct 2011 at 21:35

Haven't even looked but what are the finance rates? Can you get a relative to spring you the use of a decent credit card or ideally a cash loan?

andy_mk3 · 16 Oct 2011 at 21:37

It's the buy now pay in 12 months option probably!

http://www.overclockers.co.uk/financefaq.php

Lunawolfy · 16 Oct 2011 at 21:39

I to am 19.

Want to improve the old credit rating?

Get a credit card and rack up some purchases on that which you pay off the next day in FULL. (Even if it's that game you want, £40 better looking than £0)

Give someone money every month without failure. Eg. Rent

Nevram · 16 Oct 2011 at 21:41

godinman said:
This is probably a good thing mate, do you really want 1.5k (min) debt at the age of 19?

Just save up and get a £500 pc that is about 70% as good as the one you wanted.

You should see the price of car insurance for someone my age! but your right im just going to have to be patient.

Thankyou very much 5UB

andy_mk3 · 16 Oct 2011 at 21:43

Lunawolfy said:
I to am 19.

Want to improve the old credit rating?

Get a credit card and rack up some purchases on that which you pay off the next day in FULL. (Even if it's that game you want, £40 better looking than £0)

Give someone money every month without failure. Eg. Rent

I applied for a credit card with my own bank who I have been with for about 10 years and it got declined

I pay my car insurance monthly without fail, never been overdrawn or had any debts of any kind either. It's annoying

Nevram · 16 Oct 2011 at 21:43

Lunawolfy said:
I to am 19.

Want to improve the old credit rating?

Get a credit card and rack up some purchases on that which you pay off the next day in FULL. (Even if it's that game you want, £40 better looking than £0)

Give someone money every month without failure. Eg. Rent

Do things like standing orders count? i have a few of them set-up (board and lodging, car insurance comes out my dads account because hes to policy holder)

If not i may have to take up a credit card, i hate the idea of having one though.

Jacksonn · 16 Oct 2011 at 21:43

I'm 19 and they accepted me, 1600. No problems at all.

Give them a ring and have a chat.

Andr3w · 16 Oct 2011 at 21:49

5UB said:
Post your order number in the Customer Services section (my signature) and I shall sort it first thing in the morning for you when I get to the HQ.

Do this tbh, 5UB will sort it out.

Lunawolfy · 16 Oct 2011 at 21:52

Jacksonn said:
I'm 19 and they accepted me, 1600. No problems at all.

Give them a ring and have a chat.

Going into a bank and speaking with a senior advisor. Worst mistake. Left with a 1K card

RobH · 16 Oct 2011 at 21:56

Most likely you have no credit record which is why a credit check would come back unfavourably. You can build up a credit score by getting things like a credit card or mobile phone contract. Also make sure you are on the electoral register as this will influence your ability to get credit. MoneySavingExpert is probably the best place to look for advice on this type of matter.

Uther · 16 Oct 2011 at 21:59

godinman said:
This is probably a good thing mate, do you really want 1.5k (min) debt at the age of 19?

Just save up and get a £500 pc that is about 70% as good as the one you wanted.

Sound advice. Really, try and stay away from debt.

d_brennen · 16 Oct 2011 at 22:04

Lunawolfy said:
Going into a bank and speaking with a senior advisor. Worst mistake. Left with a 1K card

In the good old days, when I was 19 I had nearly £8k of available credit without really trying. I only blew my balls off once, racking up 4-5k in a matter of weeks. Good learning curve

Thankfully the banks are a little more sensible with lending now

SixTwoSix · 16 Oct 2011 at 22:24

Lunawolfy said:
Give someone money every month without failure. Eg. Rent

Paying your rent will not improve your credit rating, ever!

Take it from someone who has been renting for 13 years (agency & private) & checks his credit report very often, my rent has never appeared on any credit report. The only way it ever may appear is if you're very late with it dependent on the agency you're with.

Just get a CC or two, make small purchases and clear them at the end of each month, will sky rocket your credit rating in no time.