Santander To New Day Ltd

mackfinancial wrote: »

im not comfortable putting my finances in there hands

That's an interesting way of looking at it, considering they're effectively putting their money in your wallet! But of course, it's entirely your prerogative to go elsewhere to borrow money from a company that does meet your standards....

What support do you have for your assertion that "One lender influences another, being associated with a progressive credit/builder company can have a like for like influence and put other lenders of dealing with me"? Do you believe that mortgage (or other) lenders will look unfavourably on everyone who has a Ryanair charge card (and all the other brands listed in an earlier post) simply because of the company owning/managing the debt?

mackfinancial wrote: »

Im not paranoid

Would you prefer "extraordinarily over cautious"?

I have just looked at the NewDay site, and it says:

'We provide credit and store cards for these retail partners: Debenhams, House of Fraser, Laura Ashley, Topshop, Topman, Burton, Wallis, Miss Selfridge, Evans, Dorothy Perkins, Outfit, Harvey Nichols amongst others. Our consumer brands include the aqua, marbles and Opus branded range of credit cards.'

Companies seem to be able to sell on/transfer credit card business to others, and I suppose that these companies would not want to be associated with 'dud' companies controlling their store cards.

I have not heard of them before, either, but they are regulated by the Financial Conduct Authority, apparently.

If the service is not up to scratch, then I will end the store card.

Had a letter about this today always thought the £2 balance I had on my credit file was for a closed BHS credit card account. But I phoned the number in the letter had been waiting several minutes and the man said ring back in half an hour because of some technical bull. I said I had already been waiting got annoyed put the phone down. So I decided to have a check to see if the account was still open so I went through the automated system. It said I owed £2 I was scratching my head. So I looked for an old BHS credit card statement phoned them up and they said the letter is about the BHS storecard not credit card I was confused what BHS storecard?
I soon realised that I used to work at BHS and before the credit card they had a staff discount gold card part of a store card, which I can clearly remember paying off why would I risk my credit rating on not paying £2. A bit worried I phoned BHS and they said yes they used to have a goldcard which was once part of a store card but did not know about Newday. I looked up the number on the letter on Google but found the number bit fuzzy if it was real or not. I decided to phone Santander from a number of its site. The lady on the phone knew what it was straight away she said its nothing to worry about she said to phone the number on the letter to close the account during office opening hours. I thought to myself that I am busy at work all week I won't be able to do that. So I tried to go through the automated system again, but when I went to pay the balance to close the account it said they have technical debit card problems I can't pay. So now I have to go through all the rigmarole tomorrow trying to explain to a foreigner that I need to close my account and where £2 comes from.
What I want to know all this time that I thought it was BHS credit card not a sotre card that every month on my credit rating green for paid actually effecting my credit rating in a bad way?