Sub Prime Credit Thread Part II

never-in-doubt

Innocent_Guy wrote: »

Sounds like they may have accepted you!!

dont bank on it - this is the norm. They send you a pre contract and CCA to send back with ID (must be certified) and then when they receive the forms back they do another check on you similar to RBS. Unless you fail after they look at it manually at referral stage in which case you get the same message but get a letter saying no thanks, instead of the CCA and pre contract.

My bro just got declined after successfully appealing the first decision. They wrote and said sorry NO, he appealed (same as happened with me) and sent him the pre contract and CCA and he thought that was it - in the bag.

Oh no!

When he sent the forms back he hadn't heard owt for 2wks and rung to be told sorry, you've been declined. He went mad saying how is this when i'd already successfully appealed and he was told underwriting check everything that gets returned and they decided to revoke the appeal.....

Sorry but that's what happened with us. I however, won my appeal and got the card no problem.

never-in-doubt

Innocent_Guy wrote: »

I have heard between £3000 - £4000

I got £3,800. The gold card start limit is £3k which I guess everyone must get. If you dont qualify then they would downgrade you to the standard blue card.

Innocent_Guy

never-in-doubt wrote: »

dont bank on it - this is the norm. They send you a pre contract and CCA to send back with ID (must be certified) and then when they receive the forms back they do another check on you similar to RBS. Unless you fail after they look at it manually at referral stage in which case you get the same message but get a letter saying no thanks, instead of the CCA and pre contract.

My bro just got declined after successfully appealing the first decision. They wrote and said sorry NO, he appealed (same as happened with me) and sent him the pre contract and CCA and he thought that was it - in the bag.

Oh no!

When he sent the forms back he hadn't heard owt for 2wks and rung to be told sorry, you've been declined. He went mad saying how is this when i'd already successfully appealed and he was told underwriting check everything that gets returned and they decided to revoke the appeal.....

Sorry but that's what happened with us. I however, won my appeal and got the card no problem.

Sorry didn't know that...... To tell you the truth when I applied for my Barclaycard I high to sign a CCA then got declined!

fairmorn308

what sort of limit did you get?

never-in-doubt

fairmorn308 wrote: »

What sort of credit limits is people getting with these? I did notice quite alot of people have been applying, brings back when flybe 1st started with there cards

Yea but BOI are now rejecting loads of people... maybe they have their quota for the year! Who knows. The start limit is £3k for gold and £500 for basic.

never-in-doubt

Innocent_Guy wrote: »

Sorry didn't know that...... To tell you the truth when I applied for my Barclaycard I high to sign a CCA then got declined!

I know thats mad, you think when you get a CONSUMER CREDIT AGREEMENT that you've got the card, after all you've signed an agreement!

never-in-doubt

fairmorn308 wrote: »

what sort of limit did you get?

£3,800. Others on here have stated between £3k - £4k. Only one person got £5,700 from memory. But he had excellent credit. The PO card also give half decent limits (issued by BOI)

fairmorn308

what credit agency do they search cause i have my flybe card with equifax and i got a 4k limit with them

Innocent_Guy

never-in-doubt wrote: »

I know thats mad, you think when you get a CONSUMER CREDIT AGREEMENT that you've got the card, after all you've signed an agreement!

I appealed their decsion, they replied and advised that I met there credit scoring and I had no adverse on my credit file but still declined
I think this is because there is adverse info regarding me & identity theft on other systems i.e hunter but don't know how these work and what they are called...

c8ndice

I received an email the other day from a woman in Customer Administration who wanted to know my residential status in order to proceed with the application.

I'm sure I didn't miss it out though. I emailed her back but haven't heard anything since.