Sub Prime Credit Thread Part II

TheEffect

claire6hy wrote: »

muhahaha thats me too!!
like.... !!!!!! it put it on the card

I only originally got the cards to build a credit rating, as I am 18 and haven't got any credit rating at all. Instead of improving my rating, I actually damaged it a lot. I ended up with 12 searches over 3 months, from the rejection spiral.

Now I'm just playing the waiting game, paying off the cards each month, and waiting for the months to pass so that the searches aren't taken into consideration when applying for future credit.

I applied for a contract with o2 and Vodafone. I was declined for Vodafone and o2 wanted a £150 deposit. So it's not looking good at the moment. My current Experian score is 300, making it very low. It was 600 in January, when I had just turned 18.

I've learned the hard way though and know that I've got to stay away from the apply button and stop using the cards so much.

3 active accounts at the moment. 1 current, 2 credit cards, all with 1 green at the moment. Hoping my record will look a bit better in 5/6 months time.

TheEffect

Innocent_Guy wrote: »

What limit did aqua give you?

Aqua £250
Vanquis £250

CapitalOne - Rejected
BarclayCard Initial - Rejected
HSBC - Rejected
HSBC Overdraft - Rejected
o2 Contract - Rejected
Vodafone Contract - Rejected

sutton111

Hello Everyone.

When did you apply to Vodafone and O2, Effect?

never-in-doubt

TheEffect wrote: »

Aqua £250
Vanquis £250

CapitalOne - Rejected
BarclayCard Initial - Rejected
HSBC - Rejected
HSBC Overdraft - Rejected
o2 Contract - Rejected
Vodafone Contract - Rejected

And I thought I had a lot of rejections LOL

Ok, vodafone - just go into Phones 4U with your credit card and they should be able to bypass credit scoring with a credit card (unsure if still the same but used to work, I got mine this way)

HSBC - go in with ID as when they see you, in branch, they can sometimes overturn decisions - obviously you may be better asking for the advance account first with an all auth visa debit card.... the Plus account may be a little too good for you at the moment plus its 13 sqids a month!

Regards to O2, innocent knows someone there I thought he said so see if he can help you get the dreaded iPhone with his contact!

Innocent_Guy

TheEffect wrote: »

Aqua £250
Vanquis £250

CapitalOne - Rejected
BarclayCard Initial - Rejected
HSBC - Rejected
HSBC Overdraft - Rejected
o2 Contract - Rejected
Vodafone Contract - Rejected

Why did capital one & Barclay initial decline you?

Did you appeal?

never-in-doubt

sutton111 wrote: »

Hello Everyone.

When did you apply to Vodafone and O2, Effect?

we hate man u we hate man u, we are the man u - haters!

LOL

Hi mate

Innocent_Guy

sutton111 wrote: »

Hello Everyone.

When did you apply to Vodafone and O2, Effect?

Hi Mate you alright?

sutton111

TheEffect wrote: »

Aqua £250
Vanquis £250

CapitalOne - Rejected
BarclayCard Initial - Rejected
HSBC - Rejected
HSBC Overdraft - Rejected
o2 Contract - Rejected
Vodafone Contract - Rejected

I would say your declines are purely because of the amount of searches Effect.

O2 and Vodafone weren't straight declines at least! If that's any crumb of comfort!

mumofboys_2

Hi all, I hope everyone is well. Having finished chewing a wasp over the Orange decline, I decided to try again with my current pre-pay T-Mobile, and they have offered me a contract but with a £100 deposit which I get back in 3 months. Ok, so the network coverage round here isn't so good, but I can use it in places in the house.... And I can check work emails with the kids around without dashing to the office, and causing chaos!

Pretty pleased - happy Monday!

MOB

sutton111

never-in-doubt wrote: »

we hate man u we hate man u, we are the man u - haters!

LOL

Hi mate

Hi Troll!! :rotfl:

How are you?