I live in the UK, where credit referencing agencies are seen by many (myself included) as the devil. They hold a lot of life-critical information about me but they don't want to share that info, not for free. And even if I do pay for their services they only serve me the tip of the iceberg. I find it really frustrating how there's so many people that know why I'm financially hamstrung, except me.
Anyway, here's the scenario: in 2012, I had a CIFAS marker put on my name because I was dumb, young and irresponsible. Fast forward to the start of 2018 (still on the blacklist, but soon to be off) and I was looking at credit cards so I can start building my credit score. I get loads of offers from my Noddle credit report (based on CallCredit referencing). These offers have a 'chance of acceptance' which at this point was 90%, I even had some with a 100% chance... bear in mind I'm still on the blacklist so I think to myself there's no way this can be right... Just to be sure, I applied for one of the cards which I had 100% chance of acceptance, sure enough it was unsuccessful.
Then, in the middle of May 2018 was when I finally got off the Blacklist, I don't know why but it felt very liberating like I had been released from a cruel prison. Not that anything's improved for me, I looked on Noddle today for my chance of acceptance for any credit card and now I am only shown 2 possible cards with a 20% chance of acceptance. A few months ago I was seeing 30+ credit cards all with much higher chances.
I don't understand how leaving the blacklist can be detrimental to my chances of getting accepted. Is this a flaw in Noddle's system? Is there a whole new criteria of 'borrower' that I fit into now that I'm off the blacklist? What do I have to do to finally get a chance to build my credit?