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Sub Prime Credit Thread Part III

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  • ElkyElky
    ElkyElky Posts: 2,459 Forumite
    Mrs_Ryan wrote: »
    thats interesting - they declined me and I have a landline but its not in my name - could that be why they said I didnt meet their criteria? Hmm. Cap 1 had no problem with it :confused:

    Theres no way they would know if your phone line is registered in your name or not.

    Your phone line could be registered in Santa's name for all they care, as long as they can still reach you on it.
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    ElkyElky wrote: »
    Theres no way they would know if your phone line is registered in your name or not.

    Your phone line could be registered in Santa's name for all they care, as long as they can still reach you on it.
    Well TBH the landline number I gave them was not in my name but all ok. I received the paperwork through yesterday, very quick concidering the strike and all....
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    Guys need some advice.

    Concidering my recent stroke of luck with Aqua I am thinking of applying for Barclaycard Inital & Capital One.

    HOWEVER - Due to me either having a popular name or because of my incorrect linked addresses ( Not showing ) I have three searches on my report from DCA's.

    Do you think I should wait until these searches are removed before I apply?

    My concern is that if I apply and it gets reffered they underwriter will see these "Debt" searches and decline me.

    dcasearches.jpg
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    Or will my application auto reffer because of these searches?
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Sharmaine
    Sharmaine Posts: 57 Forumite
    What's the difference between these two cards please? Which is the most likely thatsomeone with adverse credit can get and are they affiliated with any of the big banks/finance companies.
    :o
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    Sharmaine wrote: »
    What's the difference between these two cards please? Which is the most likely thatsomeone with adverse credit can get and are they affiliated with any of the big banks/finance companies.
    I think that USUALLY Vanquis is this easiest followed by Capital One & then Aqua.

    Aqua belongs to the Halifax group
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    Next have increased my CL by £150 yey!
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • CHANGEyourMP
    CHANGEyourMP Posts: 74 Forumite
    Innocent_Guy wrote: »
    Or will my application auto reffer because of these searches?

    I think I read somewhere that DCA searches for outstanding debt will cause either a decline/referral with certain credit providers, also these searches take 24 months to be removed,:mad: unlike the normal 12 months!
  • never-in-doubt
    never-in-doubt Posts: 20,613 Forumite
    Yes mate they will refer and remain for 2yrs.
    :o 2010 - year of the troll :o

    Niddy - Over & Out :wave:
  • noah271007
    noah271007 Posts: 1,248 Forumite
    It is bad news im afraid. Just as bad as default registered from what i have read!
This discussion has been closed.
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