Sub Prime Credit Thread Part III

Aaron44

Hi everyone,

Signing in!

I was discharged from an IVA 12 months ago so am very much in the 'Sub Prime' category!

Recently got accepted for a Vanquis card, also have a low limit JD Williams account and a Next Directory account.

Hope everyone is well.

Aaron

izools

Hi Aaron44!

Welcome back to the world of credit, seems you're doing well with Vanquis and JD Williams.

Have you obtained a copy of your credit report to ensure all the old adverse data has dropped off? Remember, all of the default dates from your old credit account should have been on or prior to the date of the IVA and as such after the six years lapses (five years for IVA + 12 months) there should no longer be any adverse.

This should be the case with you so once you've held vanquis and JD for six months you should be alright to get a Cap 1 classic and in another six months a Barclaycard Initial;

Good luck, and keep us posted!

plumber2009

Has anyone had a credit limit increase on request with capital one classic?

According to new T&C from 1st Nov2009 we can request limit increases.

ElkyElky

Today has been my lucky day.

I logged into online banking this morning, only to find someone has deposited £200 in my account. I have no idea where its came from, and certainly haven't expected any sort of deposits from any company.

All it says on the statement "Bank Credit".

I'm going to keep it sitting in my account for a few days incase they try and take it back.

never-in-doubt

ElkyElky wrote: »

Today has been my lucky day.

I logged into online banking this morning, only to find someone has deposited £200 in my account. I have no idea where its came from, and certainly haven't expected any sort of deposits from any company.

All it says on the statement "Bank Credit".

I'm going to keep it sitting in my account for a few days incase they try and take it back.

Mate keep it longer than that! They can reclaim it at anytime and it is illegal to spend it knowing it isn't yours.... be careful matey

ElkyElky

never-in-doubt wrote: »

Mate keep it longer than that! They can reclaim it at anytime and it is illegal to spend it knowing it isn't yours.... be careful matey

That sucks. Since it's in my account, it should be legally mine. It would look lovely sitting in my savings account lol.

I was going to ask the bank where it came from, but I don't want to make them aware that the money doesn't belong to me. I'm absolutely sure it isn't mine, payday isn't until next week and I've asked family if they put the money in.

CocoPopsLover

Does anyone know when JD Williams would withdraw a credit limit after offering an account to you?

I applied for a JD Williams account yesterday, I got the minimum £125 limit but they did say that this could increase or decrease but how long does it take to do the final checks? I dont wanna spend some and they they ask me to pay by debit or credit card, lol

never-in-doubt

CocoPopsLover wrote: »

Does anyone know when JD Williams would withdraw a credit limit after offering an account to you?

I applied for a JD Williams account yesterday, I got the minimum £125 limit but they did say that this could increase or decrease but how long does it take to do the final checks? I dont wanna spend some and they they ask me to pay by debit or credit card, lol

seems they declined you :mad:

When you log-in you get the limit show in the screen that says 'welcome Miss cocopops' if yours does not have 'You have £XXX to spend' then you've been declined :mad:

plumber2009

Capital one classic are NOT taking requests as advised in their 1NOV 2009 T&C's

never-in-doubt

plumber2009 wrote: »

Capital one classic are NOT taking requests as advised in their 1NOV 2009 T&C's

its auto after 4 months isn't it?