V A N Q U I S

izools

LOL Vanquis stay well within the confines of the law? You're having a laugh, right?

Their advertising is misleading, they quote their interest rate in "Simple Interest" not "APR" like they should (so if Vanquis quote 47% on the statement, the APR is actually 59.95), they don't send opt out letters pre-warning of interest rate increases and accuse customers of lying when they want to opt out when the statement comes through with an increased APR... What else... they ignore written requests to close an account and send out a new card instead, oh and they breach verbal contracts made over the phone.

That's what has happened to my ex and I over the last year, anyway!

Oh, and 0% interest of a balance is apparently £1.

Vanquis + Law = oxymoron

Nikkisun

peachyprice wrote: »

Woo hoo, just got my 7th statement and an increase to a whopping £1250 :j

FWIW, I always pay in full by DD, previous limit ws £500, closest I got was this statement at £460, but it's usually between £250-£300.

I'm so pleased, that'll do nicely for when they swipe it for the excess for car hire when we go on holiday in the summer and leave some spare in case of an emergency while we're away.

Oh, and they still keep sending those bloody cheques, I thought that wasn't allowed anymore?

Was that your first increase?

Hopefully I'll get one next month!

Nikkisun

Have just missed a call from Vanquis - now I'm really curious as to what they want. My statement came out a couple of days ago, I'm nowhere near my limit and I pay in full each month so it's not about a missed payment!

Has anyone else had a call from them out of the blue?

izools

Maybe they want to try to sell you a cash advance and / or insurance. Seems to be they only thing they ever called me for...

izools

never-in-doubt wrote: »

I paid each of my Vanquis bills via FP and went in the same day - but doesn;t actually update with Vanquis til the next day...... I use HSBC and say I paid on Monday, by Tuesday my balance at Vanquis is reflected back to £0 (bear in mind i've only spent on it a handful of times so this data may be a little outdated!)....

Hmm... well the FPO from my Lloyds account left Tuesday morning but it only credited my Vanquis account today. Same thing happened when I sent a faster payment from my Barclays account... stupid Vanquis.

ianatlaw

My credit history is very bad with a couple of judgements (although now spent). I am looking into revising my credit file.
I have had about 2 missed payments only but not for some time.
I have deliberately not applied for credit withing the last 6 months
The interest rate has now jumped to 42%!! but I am querying this

elfen

They phoned me and tried selling me stuff, so I told 'em to take my name off marketing stuff

apples24

well well, applied few days ago and got the call today going through the usual and they said i have been accepted !!!


i applied in may 09 and was refused so i was suprised today


i know i should sort it but i know that a year ago my credit file still showed a couple of defaults even though i was discharded br in jan 07, couldnt be arsed to try resolve it as presumed i wouldnt get any credit till after 6 years

mind you i did open a couple jd williams accounts (jacamo and brilliant gift shop) a year ago and paid every month, looks like they have worked, tempted to try another dodgy card lender now but worried about getting refused, barclaycard pree app online no go, wondering about crappy1

cherry6

Nikkisun wrote: »

Statement number six for me today and still no increase

Am stuck with £250 - am so hoping it gets increased before I go to Florida in July cos I need it for the CC swipe on the car hire!!

Cant use Vanquis for that Im afraid....they have told me the card cannot be used in a swipe machine, only chip and pin which the US does not really use.

Nikkisun

cherry6 wrote: »

Cant use Vanquis for that Im afraid....they have told me the card cannot be used in a swipe machine, only chip and pin which the US does not really use.

That can't be right or you wouldn't be able to use the card in America at all cos nowhere over there uses chip'n'pin (or at least they didn't last time we were there).