Sub Prime Credit Thread Part II

gomer

What are Ulster Bank like for acceptance?

cifpower

gomer wrote: »

What are Ulster Bank like for acceptance?

Well me and P both got turned down initially but got accepted on appeal

gomer

Oooh, what grounds did you appeal on?

cifpower

Just listed my other credit obligations, how I was dealing with them successfully and listed my income. I was asked for 3 months bank statements and was then approved.

gomer

cifpower wrote: »

Just listed my other credit obligations, how I was dealing with them successfully and listed my income. I was asked for 3 months bank statements and was then approved.

So was that for thier Visa or Mastercard?

cifpower

gomer wrote: »

So was that for thier Visa or Mastercard?

I chose a Visa card but it doesn't matter as you can choose either or and it doesn't affect the credit scoring

gomer

I've saved the page on my favourites, don't really want to do too many just yet . At least i know it's worth a try in future.

Zelie

I've had a Capital One Visa for coming up a year now. It's been used frequently (groceries) and paid off in full every month. Over this time they've raised my credit limit to £1100.

Is it a good idea to apply for another CC? I don't need one and live well within my means and have no other real debt (just student loan) but I'd like my credit file to look lovely and shiny for when I eventually apply for a mortgage. If I do apply for another card who would be good to go with? I should add that I'm not that fussed what the interest rates would be as I'd never garner interest charges, but I feel that the Capital One card is associated with people with no/poor credit so I'm thinking I'd like to go with another one. Any suggestions?

cifpower

Have you any defaults/CCJs? Do you have many searches? What's your annual income?

Zelie

Defaults from well over seven years ago when I was a student but no financial issues now, no searches in the last three years cept for this CC and an excellent income. My main issue is that I have a limited credit file due to not having much credit (I should add I also have an allowance of about a grand on a catalogue which I never use) and want to make myself look a better bet for a mortgage. So currently I only have two companies willing to lend me money and I'd like to carefully and cautiously make my credit files look better.