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Store Card DRO

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  • Store Card DRO

    Hi,

    So if one is part of a D.R.O. , and in that DRO there are two store cards ( 2000), what will happen if after 1yr the person applies to have another store card approved? Is it likely that a store will not allow another store card at all after a previous inclusion in a DRO, or does luck play a part in having another store card approved? The same question re a new credit union account application?

    Trying to plan ahead.

    berne902
    Tags: None

  • #2
    tagging Debt Camel xx
    Debt is like any other trap, easy enough to get into, but hard enough to get out of.

    It doesn't matter where your journey begins, so long as you begin it...

    recte agens confido

    ~~~~~

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    • #3
      don't apply for new credit to a creditor whose debt was included in a DRO is the best advice, you may get lucky but why risk it?

      Comment


      • #4
        Originally posted by berne902 View Post
        Hi,

        So if one is part of a D.R.O. , and in that DRO there are two store cards ( 2000), what will happen if after 1yr the person applies to have another store card approved? Is it likely that a store will not allow another store card at all after a previous inclusion in a DRO, or does luck play a part in having another store card approved? The same question re a new credit union account application?

        Trying to plan ahead.

        berne902
        Best to keep your hands in your pockets, for a while, application are recorded on CRA

        Comment


        • #5
          Hi,

          Many thanks, one might get lucky after waiting one year, seems fair enough.

          Regards,

          berne902

          Comment

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