Sub Prime Credit Thread Part II

sutton111

TheEffect wrote: »

Have no idea. I'll give them a ring at 6pm.

Is an underwriter looking at your application at the moment?

TheEffect

sutton111 wrote: »

Is an underwriter looking at your application at the moment?

All they said when I phoned them was 'We haven't looked at your application yet'.

I'm going to phone then now.

sutton111

TheEffect wrote: »

All they said when I phoned them was 'We haven't looked at your application yet'.

I'm going to phone then now.

I wish you luck.

TheEffect

sutton111 wrote: »

I wish you luck.

I've been provisionally accepted apparently. They're sending out a form which I have to sign and return to them. Then they will send the card out. :rotfl:

sutton111

TheEffect wrote: »

I've been provisionally accepted apparently. They're sending out a form which I have to sign and return to them. Then they will send the card out. :rotfl:

Well it seems congratulations is in order. Well done!

When they say "provisionally accepted" does that mean you but need you to sign them a CCA and send them ID and that's it?

Did they advise you of your credit limit or APR?

TheEffect

He said ''You'll receive a letter from us which you need to sign and return, then we'll send out your card''. I asked about credit limit and APR, but he said there's nothing showing, and this will be decided once the card has been sent out.

Weird, 3 months ago, Capital One, Lloyds TSB, BarclayCard, T-Mobile and o2 wouldn't touch me. 3 months of paying Vanquis and Aqua on time, I've got 2 credit cards, one on the way hopefully, a current account with lloyds tsb and hsbc and an iPhone 3g contract with o2.

Things are on the up. I just need to stop applying and get those 13 searches down and I should be able to get a mainstream card.

I think the BarclayCard APR is about 28%. Better then the 35% with Aqua and Vanquis. I might even close the Vanquis card. I have no need for 3 credit cards.

claire6hy

i want to close my cap1 and vanquis, but will it look bad with them only being 4 months old??

sutton111

TheEffect wrote: »

He said ''You'll receive a letter from us which you need to sign and return, then we'll send out your card''. I asked about credit limit and APR, but he said there's nothing showing, and this will be decided once the card has been sent out.

Weird, 3 months ago, Capital One, Lloyds TSB, BarclayCard, T-Mobile and o2 wouldn't touch me. 3 months of paying Vanquis and Aqua on time, I've got 2 credit cards, one on the way hopefully, a current account with lloyds tsb and hsbc and an iPhone 3g contract with o2.

Things are on the up. I just need to stop applying and get those 13 searches down and I should be able to get a mainstream card.

I think the BarclayCard APR is about 28%. Better then the 35% with Aqua and Vanquis. I might even close the Vanquis card. I have no need for 3 credit cards.

I hope mine improves like yours.

What you benefit from is the fact you don't have any adverse information.

I hope that this time next year I will have too have a few credit cards like yourself. Furthermore an iPhone.

TheEffect

Contemplating having a current account with barclays as well. Hmmm... not sure if there's any benefits from banking with the same company who you have a credit card with.

sutton111

claire6hy wrote: »

i want to close my cap1 and vanquis, but will it look bad with them only being 4 months old??

I would leave them 12 months Claire. Just don't use them.