How to get back on the credit ladder

marcellep

Noxs wrote: »

Brilliant!! Updated straight away!!
:beer:
Guess I'm looking less of a risk to them now.

Well done

PROLIANT

Noxs wrote: »

It seams that my current account with Halifax has been updated with a higher guaranteed overdraft ..

Your current overdraft limit is:
£100.00

Guaranteed overdraft available now up to:
£5,000.00

Should i apply for the full 5k? :huh:

How long did it take for you to get to this stage?
I have a £100 O/D with HBOS and I have banked with them for just over 1 year.

Noxs

PROLIANT wrote: »

How long did it take for you to get to this stage?
I have a £100 O/D with HBOS and I have banked with them for just over 1 year.

Hi Proliant! Not long at all, under two weeks from opening the account. :j

never-in-doubt

Noxs wrote: »

Hi Proliant! Not long at all, under two weeks from opening the account. :j

Haha - go spend the £5k then matey! Thats just madness - be careful though cos it changes all the time, you may notice the guaranteed drops to £1000 or something, if that happens don't apply that level or you'll drop to it lol.....

Its always best to apply the maximum guaranteed o/d but just don't use it - do this for about 2 months and apply for their credit card for almost guaranteed acceptance mate - especially with a £5k o/d on your bank account.

Well done :T

Noxs

never-in-doubt wrote: »

Haha - go spend the £5k then matey! Thats just madness - be careful though cos it changes all the time, you may notice the guaranteed drops to £1000 or something, if that happens don't apply that level or you'll drop to it lol.....

Its always best to apply the maximum guaranteed o/d but just don't use it - do this for about 2 months and apply for their credit card for almost guaranteed acceptance mate - especially with a £5k o/d on your bank account.

Well done :T

Hah! Don't tempt me, seeing the 'available balance' sky rocket like that almost made me fall off my seat.

What i don't understand is they give an OD of 5k, however reject my CC application?!

What you said makes me soooo happy! :j

*Firmly grips the first rung of the ladder*.

Thanks for all the advice NID.

marcellep

never-in-doubt wrote: »

Haha - go spend the £5k then matey! Thats just madness - be careful though cos it changes all the time, you may notice the guaranteed drops to £1000 or something, if that happens don't apply that level or you'll drop to it lol.....

Its always best to apply the maximum guaranteed o/d but just don't use it - do this for about 2 months and apply for their credit card for almost guaranteed acceptance mate - especially with a £5k o/d on your bank account.

Well done :T

Some reall good advice here

I aint heard a thing from Capital One either

never-in-doubt

marcellep wrote: »

Some reall good advice here

I aint heard a thing from Capital One either

Come on mate, do I ever give duff advice :rotfl::rotfl: (don't answer that!)....... How long is left before Cap1 default? Compare the date of delivery against the deadline you issued - have they breached it as yet? :beer:

marcellep

never-in-doubt wrote: »

Come on mate, do I ever give duff advice :rotfl::rotfl: (don't answer that!)....... How long is left before Cap1 default? Compare the date of delivery against the deadline you issued - have they breached it as yet? :beer:

The signed for it on the 29th so when will it default?

never-in-doubt

marcellep wrote: »

The signed for it on the 29th so when will it default?

LOL, I dunno mate - what date did we put on the letter? i.e. did we give 30 days? I'd have thought 30 would be the best option (legally enough time to produce documents)...... i'd say end of August then - cool.... can't wait!

You just know they gonna give in don't you mate? LOL (I wish!) :beer:

The N-i-D Maester has another little trick up his sleeve to prompt them into a fast slow painless submission but it does mean spending £80 which will repaid along with other charges - basically issue claim for enforcement. Thats like nuking their anus mate!

marcellep

never-in-doubt wrote: »

LOL, I dunno mate - what date did we put on the letter? i.e. did we give 30 days? I'd have thought 30 would be the best option (legally enough time to produce documents)...... i'd say end of August then - cool.... can't wait!

You just know they gonna give in don't you mate? LOL (I wish!) :beer:

I have a feeling that they will not respond to me