Sub Prime Credit Thread Part III

izools

Yes definitely clear the default before applying elsewhere. Especially if its a meagre £55!!

So you have a Barclaycard in an arrangement to pay (i.e. non defaulted but in a special arrangement)? Well worth bringing that back in order and asking nicely if they could re-instate the account

Good luck!

Innocent_Guy

izools wrote: »

UPDATE - Closed Aqua and applied for Capital One.

That's my two applications done for these here six months. Fingers crossed!!

Atleast it wasn't a straight decline - it was when I last applied for Cap 1 Classic in May

You can call to find out the status.....

smmerbreeze

Hi everyone,
Always read the posts but don't manage to pluck up enough courage to post!
Just had to tell someone that I've been approved for a Vanquis card today! I know its not the best credit card to have but I've was only discharged from bankruptcy about 2 1/2 years ago so its a way of improving my credit rating.
I was thinking that if I use the card to pay for things like fuel or groceries and then pay it off in full each month will that improve my credit rating over time?
ALso, if I dont actually use the card will it make a difference to my credit score? Will just having the card improve my credit?
Please advise!
Many thanks

ElkyElky

Postman has been and no Tesco or Capital One credit card yet. Maybe tomorrow.

izools

Innocent_Guy wrote: »

You can call to find out the status.....

How long does it normally take for them to make a decision?

Barclaycard was a referral but they decided the next day. Cap 1 might not though as they've searched my Experian as well as Equifax, so... well... different information

never-in-doubt

within an hour they will know

izools

Computer said no

LOL I would imagine there's little to no point ever reapplying actually because a Capital One Classic was written into my bankruptcy order back along... so they've probably pre-declined me, if such a thing is possible

never-in-doubt

izools wrote: »

Computer said no

LOL I would imagine there's little to no point ever reapplying actually because a Capital One Classic was written into my bankruptcy order back along... so they've probably pre-declined me, if such a thing is possible

They cannot pre decline you but they do check old account history prior to agreeing any lending - all banks do. So if its within the last 6 years then you may struggle but to be fair, Crappy1 aren't called that for no reason are they.....

izools

Meh, doesn't bother me. I'm sure Barclaycard will give me a Breathe in a years time

seeya23

hi everyone my oh got a very acc last night with a limit of £550 she got turn down befor