Sub Prime Credit Thread Part II

sutton111

Do lenders see satisfied defaults as being better than normal defaults or are they just as bad as each other?

allthingsconsidered2009

This pi$$ing Natwest account is still not open!

cifpower

sutton111 wrote: »

Do lenders see satisfied defaults as being better than normal defaults or are they just as bad as each other?

Satisfied is better than not

jack290292

Well done PROLIANT on the Ulster Bank card:j

I got my fourth statement from Vanquis today and they have raised my credit limit from £500 to 1K...not a bad increase really.Does not quite match the 5K I got from FlyBe
Think in about 6 mnths time I might try for Post Office or Virgin CC...may as well try for one with better APR.

Sammy_Girl

Evening everyone,

Congrats Mr P, that's great news. A nice mainstream product

Sutton, I have 2 defaults on my Equifax - both approx £4k each :eek: But they're both settled and have been paid off. Def if they have been settled for over a year it looks so much better to the lender. I was told Abbey for example, viewed any adverse data over 12 months old as "historic"

Apparently my cases are coming at 20:30 tonight - I can't wait. It doesn't seem like I've been on hols if I can't see the stuff I bought lol

sutton111

Thanks Sammy for your answers.

allthingsconsidered2009

What cases Sammy?

Bluerover

PROLIANT wrote: »

Hey guys, last week I appealed a credit card application from Ulster Bank and guess what...they have accepted me with a £500 limit @ 19.9% APR! :beer:

Can I ask do you have any defaults.....or adverse credit.....no offence:beer:

Sammy_Girl

allthingsconsidered2009 wrote: »

What cases Sammy?

My suitcases. I came back from my hols yesterday - but my cases didn't lol. They were clearly having far too much fun

cifpower

Vanquis limit still at £500. Was hoping for a bump