Has anyone else been turned down for Barclay loan for new iPhone? I own home with no mortgage have full time job on good wages , never been refused credit before but still got turned down. Apparently I did not meet current lending requirements!!!
I have also been turned down for iPhone 12 Pro Max. I have a near impeccable Credit Score with Experian (used by Barclays), no defaults ever etc etc. I have checked Trans Union (Credit Karma - used by Barclays). Also good. There is no negative CIFAS information.
Perhaps people must have a Credit Score of 999/999 AND a private yacht? I don't have a yacht. Or an iPhone 12 Pro Max it seems.
I have appealed to Barclays as their front line agent could not see a valid reason given the Credit Score information. I also informed Apple. I have never been turned down for credit.
Something is very wrong. This affects the reputation of Apple, I think. And will not help sales!
I accept that Barclays can choose who to give credit to, but this appears to be a very poor choice of Finance Partner for Apple.
I have a score of 550 out of 700 , the average score in England is 425 apparently. The score out of 700 Barclays want is 600 or more so I guess not many people at all get credit. Think Apple need to look at their credit supplier . Imagine how many phones they could sell with a sensible credit agreement.
Does Barclay's have an appeal, or at least a reason why for the loan declination process? It's Barclay's game, and they need to spell out the rules for obtaining credit.
has everyone else been turned down by barclays for loan
