Sub Prime Credit Thread Part III

dane-katie

Well wish i could join sub prime but mine is much worse than that :P

Started working on my credit file since i was discharged from bankruptcy last year and OMG i have 14/15 defaults so i guess im going to have to wait for them all to drop off, or almost all drop off so i can fully join and get a catalogue or something hehe

ElkyElky

I'm paying my Vanquis balance off tomorrow, which stands at £320. Would it be best to close it or keep it?

I have no intentions of using it again.

cifpower

I would jack it in

Woodyrocks

ElkyElky wrote: »

I'm paying my Vanquis balance off tomorrow, which stands at £320. Would it be best to close it or keep it?

I have no intentions of using it again.

Close it for sure. Looks better on your file and at that rate, and with access to other credit source, it is just a noose hanging around you neck!

just_about

Innocent_Guy wrote: »

Someone posted this question on the bank accounts thread a few days ago.

Your line of thought is correct.

They automatically issue you an account number and sort code when the CRA's are offline and carry out further checks during the day

Good luck, hope you get it because I want one!

I think your are talking about me !! They declined me eventually :rolleyes:

strange this whole credit rating system is, can get a £8.2K OD facility with Lloyds Tsb with a £250 cheque card but not a current account with halifax :rolleyes:

Innocent_Guy

just_about wrote: »

I think your are talking about me !! They declined me eventually :rolleyes:

strange this whole credit rating system is, can get a £8.2K OD facility with Lloyds Tsb with a £250 cheque card but not a current account with halifax :rolleyes:

Mad!!

Do you have a bad credit rating?

never-in-doubt

TheEffect wrote: »

Due to credit scoring. There is no wait before reapplying.

You'll find with Halifax there is mate! If you make several app's in a short period they will get declined. By that, let me make this clear - if you are declined an account you should wait 90 days before reapplying.

If you get accepted for account, well that is different now isn't it.....

Summary:
Accepted for account - No wait time to reapply
Declined for account - 90 day wait time 'recommended'

never-in-doubt

dane-katie wrote: »

Well wish i could join sub prime but mine is much worse than that :P

Started working on my credit file since i was discharged from bankruptcy last year and OMG i have 14/15 defaults so i guess im going to have to wait for them all to drop off, or almost all drop off so i can fully join and get a catalogue or something hehe

Want to elaborate - could maybe help with the defaults if they were unlawfully added....

Post over here if you need help: http://forums.moneysavingexpert.com/showthread.html?t=1674391&page=57

Appropriately enough the last post is someone thanking me for getting a default removed hahahahah :rotfl:

never-in-doubt

Innocent_Guy wrote: »

Mad!!

Do you have a bad credit rating?

Morning mate - what is the latest with your shAbbey card then?

Innocent_Guy

never-in-doubt wrote: »

Morning mate - what is the latest with your shAbbey card then?

Morning mate,

It has been esculated from branch to level 2?

Also the woman from the branch called yesterday. She has been on annual leave however the U/W called the branch and said that the auto accept offer had now ended so she couldn't appeal on that ground however she should put the app through again and appeal and in the notes include the U/W name that left a message for her?

She didn't understand why we had to do this however she couldn't call the U/W as they have no numbers for them!!:mad::mad:

Will see the outcome? Not that confident