Sub Prime Credit Thread Part III

seeya23

good evening to all

im not going to max out my cap one

ElkyElky

seeya23 wrote: »

good evening to all

Evening :rotfl:

linton73

I've just taken my friend through the process of apllying for a credit card her first
it was capital one and the starter credit card whatever its called.

I assumed she would get an instant yes or no but no they need to look at her application

how hard is it to get the capital one cc ? most of my cc applications have been straighforward are they being more stringent now with the credit crunch.

seeya23

linton73 wrote: »

I've just taken my friend through the process of apllying for a credit card her first
it was capital one and the starter credit card whatever its called.

I assumed she would get an instant yes or no but no they need to look at her application

how hard is it to get the capital one cc ? most of my cc applications have been straighforward are they being more stringent now with the credit crunch.

i got we will yet you know in 7 to 10 days i got a £100 limit ive got 2 ccjs
get her call them up in a few days

For existing application enquiries telephone 0800 952 5452

Line open 8.00am - 9pm Monday to Friday, 8.30am - 5.30pm Saturday

linton73

has anyone recived an instant decision with capital one recently

i told her something similar and said it was because it was out of hours etc

seeya23

did mine @ about 10pm took 2 weeks to get my card

TheEffect

Littlewoods sent me a credit agreement with my first statement. I still haven't sent it back yet. Hope they don't limit my account or freeze it until I send it back as I got it a few weeks ago and keep forgetting to pop it in the letterbox.

linton73

I think i might know why !

she's just phoned me and said that earlier today she applied for three other cards she told me that was her first hmmm

all the others were the same they are looking at the application.

I didn't have the courage to tell her that the number of credit card applications can affect the descion how soon are they updated ? is it instantly ? i told her to wait and not to apply for any more.

TheEffect

linton73 wrote: »

I think i might know why !

she's just phoned me and said that earlier today she applied for three other cards she told me that was her first hmmm

all the others were the same they are looking at the application.

I didn't have the courage to tell her that the number of credit card applications can affect the descion how soon are they updated ? is it instantly ? i told her to wait and not to apply for any more.

Instantly. Applying for four credit cards in the space of 1 week is definitely not going to do her credit report any good. Tell her to ease off the searches for now.

linton73

TheEffect wrote: »

Instantly. Applying for four credit cards in the space of 1 week is definitely not going to do her credit report any good. Tell her to ease off the searches for now.

it was less it was within a day

i've told her to wait to see what they decide.

hopefully they will see it as someone not understanding how it works