Sub Prime Credit Thread Part III

seeya23

got to post my sick note off when i get addy in the post may be i will get some money next week ???

seeya23

i got 6 weeks money from work in bank so it will go on bills

cifpower

I think once they get your sick note they are pretty quick at paying out

duggie1982

On the Jacamo. Do I need to pay in full every month or make a min payment? Anyone know?

cifpower

You can make a minimum payment, full payment or anything inbetween

sutton111

cifpower wrote: »

I'm a bit worried that some peeps are applying for credit too excessively and when they get it behaving irresponsibly with it.

Prove me wrong! Please!

I applied yesterday for Grattan who belong to Freemans I believe.

Anyway I got turned down, they checked Experian BTW, so I decided to try Great Universal, this time I never requested a catalogue, I requested an account and they gave me a limit of £750. :j

I don't understand why Grattan turned me down, I wasn't going to buy anything from them, I just want them to report green 0's!!

sutton111

duggie1982 wrote: »

On the Jacamo. Do I need to pay in full every month or make a min payment? Anyone know?

Further to Cif's comments, bear in mind they charge interest on the items which you purchase, if you don't pay them off in full.

TheEffect

cifpower wrote: »

I'm a bit worried that some peeps are applying for credit too excessively and when they get it behaving irresponsibly with it.

Prove me wrong! Please!

I think you just summed me up. :rotfl:

duggie1982

sutton111 wrote: »

Further to Cif's comments, bear in mind they charge interest on the items which you purchase, if you don't pay them off in full.

Do we know the APR?

cifpower

duggie1982 wrote: »

Do we know the APR?

Its 40-odd% but 29% if you pay by direct debit

EDIT - Our typical APR is 39.9% (variable) if you pay by any method other than direct debit, and our APR is 29.3% (variable) where you pay by direct debit.

from the website