V A N Q U I S

magiciansgirl

antonette254 wrote: »

The interest rate is truely shocking 59%, but i suppose that is the price to pay for now. That alone will scare me away from overspending.

Congratulations! Our stories sound similar, I had problems in 2006 and 2007. I got a Vanquis card on the advice here in Feb 2009 and it is working well for me building up good credit on my report. They have given me regular increases too - but that's the danger. I do try to pay off the full amount every month and would really recommend this in order to get the increases though if they offer me another one I think I shall refuse. Good luck with things.

Kind regards, MG

antonette254

Hi LuLu, sounds like good news hope it all comes together & you get that welcome pack soon. We can start our quest for prime together. LOL.

MG thanx for the kind words, good to know there is some light @ the end of the dark dark tunnel. What was your initial limit? & how long do they normally take to increase, not that i`m concerned about that. Now that I know that i can live within my means will deffo stick to that & just pay of small balances @ the end of the month. Just wanna get the credit file repaired as best I can. X

Laurabow

I have just received the new granite card, by Vanquis. I applied (and had the call) on Mon 6th sept and it arrived exactly 1 week later. Just waiting for the pin to come through now.

I am in the same boat as many of you- a couple of defaults and 1 CCJ. I am pleased I have been given the opportunity to rebuild my credit.

Question: I got my CCJ in 2008 and this stays on your credit history for 6 years doesn't it? Can I still rebuild my credit rating and get a 'mainstream' card (say, in 18 months time), even if the CCJ stays on the report for 4 years more?

Has anyone managed to do this?

Watalie

Laurabow wrote: »

I have just received the new granite card, by Vanquis. I applied (and had the call) on Mon 6th sept and it arrived exactly 1 week later. Just waiting for the pin to come through now.

I am in the same boat as many of you- a couple of defaults and 1 CCJ. I am pleased I have been given the opportunity to rebuild my credit.

Question: I got my CCJ in 2008 and this stays on your credit history for 6 years doesn't it? Can I still rebuild my credit rating and get a 'mainstream' card (say, in 18 months time), even if the CCJ stays on the report for 4 years more?

Has anyone managed to do this?

In my experience it is next to impossible to get a mainstream card with a CCJ.

I have a Vanquis, Capital One and Barclays Initial.

My (satisfied) CCJ falls off end of next year, I hope that by then, my credit report will be more attractive to a mainstream lender.

seeya23

Watalie wrote: »

In my experience it is next to impossible to get a mainstream card with a CCJ.

I have a Vanquis, Capital One and Barclays Initial.

My (satisfied) CCJ falls off end of next year, I hope that by then, my credit report will be more attractive to a mainstream lender.

your ccj has to been over 5 years old to get a Barclays Initial now

luluE86

Vanquis are really getting to me now, just rang and the lady said im on the outbound calling system so should hear soon whether its a decline or accept, this is 1 week after ringing and someone said it looks like ive been approved but were'nt sure! I feel like telling them to leave it lol. Nearly 5 weeks now!

magiciansgirl

MG thanx for the kind words, good to know there is some light @ the end of the dark dark tunnel. What was your initial limit? & how long do they normally take to increase, not that i`m concerned about that. Now that I know that i can live within my means will deffo stick to that & just pay of small balances @ the end of the month. Just wanna get the credit file repaired as best I can. X

Antoinette, my initial limit was £250. It went up after 4 months to £500 and then every four months again and am now at £2500. In February 2011 I will have had 36 months of good behaviour elsewhere as well as 24 on Vanquis so will try for a mainstream then but for the moment am happy with Vanquis. Bw, MGx

BugsyBrowne

magiciansgirl wrote: »

MG thanx for the kind words, good to know there is some light @ the end of the dark dark tunnel. What was your initial limit? & how long do they normally take to increase, not that i`m concerned about that. Now that I know that i can live within my means will deffo stick to that & just pay of small balances @ the end of the month. Just wanna get the credit file repaired as best I can. X

Antoinette, my initial limit was £250. It went up after 4 months to £500 and then every four months again and am now at £2500. In February 2011 I will have had 36 months of good behaviour elsewhere as well as 24 on Vanquis so will try for a mainstream then but for the moment am happy with Vanquis. Bw, MGx

This made me smile will try for a mainstream card in february but for the moment happy with vanquis.

£2500 limit with a 50% apr and your happy,oh well each to their own i suppose.

antonette254

Thanx MG, you have done really well & hopefully you`ll b able to go prime very soon.

Can you remember how long it takes to recieve the card? accepted a week ago but no card yet???

LuLu they do seem to be taking 4ever to give you a decision, everything crossed for you that you hear positive response soon.x

luluE86

Thanks antonette, fingers crossed, I just wish they would say yes or no! Ive heard of people waiting 2 weeks for their card and then a bit longer for the PIN! At least you know its on its way though! x