Sub Prime Credit Thread Part II

sutton111

Innocent_Guy wrote: »

I applied for Capital One in November & was declined. I am wondering if it is worth applying to them first as they will likely check my equifax however last time they searched both!!!! I am just trying to utalize my searches to the best possible way

Just try it they only search Equifax. Jacamo only search Experian, so you are utilising them properly like that aren't you. Just do it and let us know.

Innocent_Guy

sutton111 wrote: »

Just try it they only search Equifax. Jacamo only search Experian, so you are utilising them properly like that aren't you. Just do it and let us know.

They searched my Equifax & Experian last time!!!!!!

sutton111

Innocent_Guy wrote: »

They searched my Equifax & Experian last time!!!!!!

I have three seperate accounts with Shop Direct and they have ONLY searched Equifax and the same with my Mum, Brother and Dad. Trust me they only search Equifax.

Innocent_Guy

sutton111 wrote: »

I have three seperate accounts with Shop Direct and they have ONLY searched Equifax and the same with my Mum, Brother and Dad. Trust me they only search Equifax.

Sorry I thought you were going on about cap 1. What accounts do hold with Shop Direct? What was the acceptance like?

sutton111

Capital One search both, When the hell did you start talking about Capital One I'm not clairvoyant you know. Lol

Shop Direct are good sell better stuff than Jacamo, Myself and Cif posted a link on the previous page. Lol, you're going blind now!!

What do you do for a profession?

Nomoredebtnow

Innocent_Guy wrote: »

Hey Cif,

Do you mind if I ask how many searches you had when you applied for HFC? I am going to currys / pc world. Also what naughties do you have? Just your one default?

Cheers pal

How naughy l have . l discharged bankrutcy nearly 3 yrs ( about £200k) But l 'm in credit now and without any credit card.

Innocent_Guy

Innocent_Guy wrote: »

I applied for Capital One in November & was declined. I am wondering if it is worth applying to them first as they will likely check my equifax however last time they searched both!!!! I am just trying to utalize my searches to the best possible way

Right I'll apply for Jamaco & Littlewoods.

I was always under the impression that Capital One search EQUIFAX only and on occation both...

Innocent_Guy

Nomoredebtnow wrote: »

How naughy l have . l discharged bankrutcy nearly 3 yrs ( about £200k) But l 'm in credit now and without any credit card.

Glad you are in credit now......

Nomoredebtnow

cifpower wrote: »

[FONT=&quot]Tesco Personal Finance[/FONT]
[FONT=&quot]PO Box 5747[/FONT]
[FONT=&quot]Southend-on-Sea[/FONT]
[FONT=&quot]SS1 9AJ[/FONT]

[FONT=&quot]22 March 2009[/FONT]

[FONT=&quot]<name[/FONT]
[FONT=&quot]and[/FONT]
[FONT=&quot]address>
[/FONT]

[FONT=&quot]
[/FONT][FONT=&quot]Dear Sir[/FONT][FONT=&quot]

[/FONT][FONT=&quot]Ref:[/FONT][FONT=&quot]

[/FONT][FONT=&quot]I write with reference to my recent application for a Tesco Clubcard Credit Card and your subsequent decision to decline me the facility.[/FONT][FONT=&quot]

[/FONT][FONT=&quot]I’d like to appeal your original decision as I feel I can provide a written statement and additional information to support my application which I hope will allow you to possibly reverse your decision in my favour, albeit even with a different ‘starter’ product if needs be.[/FONT][FONT=&quot]

[/FONT][FONT=&quot]The basis for my appeal is as follows: [/FONT][FONT=&quot]

[/FONT][FONT=&quot]I have several credit accounts all of which have been handled very well with no missed payments. I have 2 credit cards, a bank account with overdraft, a mobile phone account and 3 catalogue accounts. All of these have been handled according to the terms and conditions of my account and payments have been made on time and, in return, the various credit limits have been raised over time.[/FONT]

[FONT=&quot]I am not in employment due to an illness and am in receipt of government benefits which include:[/FONT]

[FONT=&quot]Income Support[/FONT]
[FONT=&quot]Incapacity Benefit[/FONT]
[FONT=&quot]Disability Living Allowance[/FONT]
[FONT=&quot]Housing Benefit[/FONT]
[FONT=&quot]
[/FONT]
[FONT=&quot]These total £xxx a month and as I am registered disabled and am unable to work these payments are guaranteed. My bank and other credit companies accept these monies the same as a salary from an employed person.[/FONT][FONT=&quot]

[/FONT][FONT=&quot]I currently bank with Halifax as they offer a great account, ideally suited to my individual needs. My current credit card doesn’t offer me the best rates at the moment with an APR of 19.9%. I have a small balance of £480 on my main Ulster Bank card and would like to avail of the Tesco card’s 0% balance transfer facility to make my cash go further.[/FONT]
[FONT=&quot]
[/FONT][FONT=&quot]If you would like to see documentary evidence of my income and/or proof of address such as bank/credit card statements or utility bills please advise me what you would like to see and I shall make them available.[/FONT]

[FONT=&quot]With my explanation of my current credit agreements and my income I hope you can adjust the original decision to a positive one in my favour and give me a chance to show Tesco Finance that I am a good customer, loyal and trustworthy.[/FONT][FONT=&quot]

[/FONT][FONT=&quot]If you cannot override the decision for the product applied for, can you authorise an alternative inferior product – if you give me a chance to prove myself then I’m sure you’ll be happy in the long run all the while retaining a very valuable customer. [/FONT][FONT=&quot]

[/FONT][FONT=&quot]I look forward to your response, hopefully with better news than last time, and to a future business relationship together as my main credit card provider. [/FONT]

[FONT=&quot]Yours faithfully[/FONT]





[FONT=&quot]Jack Matthews[/FONT]

Thanks for that .That's very helpful.

I'll save it .

sutton111

Innocent_Guy wrote: »

Right I'll apply for Jamaco & Littlewoods.

I was always under the impression that Capital One search EQUIFAX only and on occation both...

Have you applied to Littlewoods yet?