Sub Prime Credit Thread Part III

darcyvuqua

how long did first direct take to confirn that they are opening an account??

TheEffect

victor-meldrew wrote: »

are you going to try f/direct in 6 months?
think ive got 10 searches dropping of my ex this month

I might do, however I'm happy with Lloyds TSB at the moment, and in 6 months time, I should be able to get an overdraft and CC with Lloyds. I change my mind a lot, so I'll see in 6 months.

mawey

Hya Guys,


Been reading your threads for a while now and can see that you might be able to give me a bit of advice on credit and where I can get it...

I applied to Halifax for a CC and got declined
I applied to Capital One and got declined

I'm waiting on a response from Vanquis...


This is what I have currently:-

Barclays Premier Acc OD £1120 - Halifax Reward Acc OD £250.00 Tesco CC £400 - Great Universal £650 - Choice £650 Barclays loan £2648 Barclays loan £2371


Whats the eaisest place to get credit?

TheEffect

Have you checked your credit reports? What's on them?

mawey

Yep I've subscribe to credit expert:-

Number of credit accounts (including those settled).................................14
Amount of available credit (excluding mortgages)............................£3,589
% of your total credit being used (excluding mortgages)..................35%
Amount of outstanding debt (excluding mortgages and defaults)......£6,990
Number of accounts overdue.........................................................0
Number of missed or late repayments in the last year......................0

I've had 9 searches in the last three months, and currently not on the electoral role (sorting this out)

They had given me a credit score of 125 which is prety poor :rolleyes:

TheEffect

Do you have any CCJ or Defaults?

Not being on the electoral role can warrant a decline straight away in some companies. You need to get yourself on the ER. Also, 9 searches in 3 months is a lot. It makes it look like you're desperate for credit. Try and leave it 3-6 months before applying again, otherwise you're just making your credit report worse.

victor-meldrew_4

mawey wrote: »

Yep I've subscribe to credit expert:-

Number of credit accounts (including those settled).................................14
Amount of available credit (excluding mortgages)............................£3,589
% of your total credit being used (excluding mortgages)..................35%
Amount of outstanding debt (excluding mortgages and defaults)......£6,990
Number of accounts overdue.........................................................0
Number of missed or late repayments in the last year......................0

I've had 9 searches in the last three months, and currently not on the electoral role (sorting this out)

They had given me a credit score of 125 which is prety poor :rolleyes:

to them with the recent searches it may look like desperation.also the cap one and vanquis will look like your going backwards.
the searches are having more affect than the e/roll.
get on the e/r.wait 3/6 months and you will be fine.
or try barclays to extend your loan,let some searches age first though

naijapower

Yes, the number of searches are doing you harm. Put the hand brake on for a few months.....

mawey

I don't have CCJ's or any defaults and the electoral roll was a mistake by the council which their sorting out. Haven't been on since I moved in nearly two years ago:eek: Only noticed because I got credit expert.

The searches were from Halifax, capone, vanquis, The council and my catalogues.

Spoke to barclays and they said there was no offers availble on my account at the moment.


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Call Credit rating 734
Experian Rating: 125
Equifax Rating: 395

seeya23

good afternoon to all