Eligibility
All about our Eligibility Service, Borrowing Power and TotallySure Offers
Eligibility Service
Can you guarantee that I'll be accepted?
We are unable to guarantee that you will be accepted for credit, even if we do indicate that you have a very high chance. When viewing your offers pag...
Is there a credit blacklist?
There is no such thing as a blacklist for credit, although there are some circumstances in which you will not be able to get credit from any lender. E...
Can lenders appear higher in the results table?
We do not accept payment from lenders to push their products to the top of the results table. We will only show you products with the best offers, low...
Why not just apply to the card company directly?
We often display exclusive products and offers on our site due to the partnerships that we have developed with lenders and mortgage intermediaries. In...
Will my credit report show that I have been rejected for credit?
Although your credit report doesn’t say that you have been rejected for credit, it does, however, show that a hard search has been performed. As other...
How can I improve my chances of being accepted for credit?
Before applying for credit, it is worth checking your credit report to ensure that all the information reported is accurate. You can also use your Tot...
What information do lenders use to make a decision about an application?
When you make an application for credit, lenders look at various factors before making their decision. The info that’s used when deciding can vary fro...
Can't see a particular card?
Lenders are always changing and updating the products that they offer. This can mean that the products you see when you check your eligibility may not...
What happens when I apply for credit?
When you make an application for credit, lenders will ask you for some personal information to verify your eligibility and confirm your identity. Once...
Can a lender decline my pre-approved application?
Yes. A lender can decline your pre-approved application if you don’t pass their checks. It’s important you check your information in the ‘My details’ ...
What does my ‘eligibility’ for a credit product mean?
Your eligibility is an indicator of how likely you are to be accepted for a particular credit product based on the acceptance levels of customers with...
Exclusive Offer and Pre-population explanation
Exclusive to the TotallyMoney comparison platform. The offer may also appear on sites that we advertise through. When you click to go to a lender we m...
What does pre-approved mean?
If you’ve been pre-approved for a product it means, based on the info you’ve given us, we’ve been told that you’ll be accepted. But, it doesn’t mean y...
Borrowing Power
What is Borrowing Power?
It’s a number out of 10, which tells you how likely you are to be accepted for credit offers on TotallyMoney. The higher your Borrowing Power, the mor...
How to build your Borrowing Power
If your Borrowing Power is low, here are some ways you could increase it. Increasing your Borrowing Power will also increase your eligibility for cred...
Why has my Borrowing Power gone down?
Your Borrowing Power may drop for a few reasons. This doesn’t necessarily mean it's because of any changes in your credit profile or that you’re not e...
Why does my Borrowing Power change?
Your Borrowing Power can change regularly for lots of reasons, some of which are out of your control. For example: Borrowing Power looks at the wider ...
Why can't you calculate my Borrowing Power?
If we have been unable to provide you with a Borrowing Power score, this could be because you don’t currently have enough credit history to create a f...
How do I use Borrowing Power?
If you’re interested in borrowing money with a credit card or loan, you can visit your Offers page and view your Borrowing Power. If your Borrowing Po...
How is Borrowing Power calculated?
Borrowing Power is calculated using lots of different factors. This includes: The information you gave us when you signed up to TotallyMoney. The wide...
How do TotallyMoney calculate Borrowing Power?
The good news is that to get your Borrowing Power we don’t need to perform any weird sci-fi experiments on you or your TotallyMoney account. In fact, ...
TotallySure offers
Why can't I see any TotallySure offers?
To see TotallySure offers, you’ll need to let us know your required credit limit first. If you’re new to credit, or you’re still building your credit ...
What does pre-approval mean?
Pre-approval is subject to credit checks. If you’re pre-approved for an offer, based on the information you’ve provided, we believe you’ll be accepted...
What is a guaranteed credit limit and how does it work?
When you browse your credit card offers on TotallyMoney, you’ll be prompted to set your personalised credit limit, so we can match you with your best ...
What are the benefits of a TotallySure offer?
Seeing TotallySure offers can help you decide which offer to choose, so you get the best credit offers. Pre-approval, which is the closest thing to a ...
What is an APR?
An APR (annual percentage rate) is a figure representing the cost of borrowing money for the credit card or loan you're applying for. The APR is how m...
What is TotallySure?
We know not knowing if you’re going to be accepted for a credit card, loan or car finance can be worrying. And, even once an application has been appr...
What is a guaranteed length?
Balance transfer and 0% purchase cards offer an interest-free period when you first open the account, this will be called an offer duration. There may...