Aqua or Vanquis card to rebuild credit rating?

never-in-doubt

digitalphase wrote: »

I don't know. It says it as a Halifax credit services but I've never had an account with Halifax, it was with Marbles. I have no idea who registered the default. As far as I can remember I was still paying them in February.

Yes HBOS bought Marbles so thats about right...... i'd write to them their risk and governance dept, cardiff. They may remove it as a gesture of goodwill - no harm in asking?

digitalphase

I've just spent ages on the phone with them to get a refund minus my minimum payment. I've then arranged to pay £25 a month until balance cleared or until I get a job when I will pay more towards it.
I've spoken to him in depth about the default and he is getting someone from their department to ring me to discuss it.

So the default will drop off my account after 6 years anyway, but with this plan I should have paid it off after about 2 years so will then mark as settled.

I really need the money at the moment as don't know when I'll be able to find a job, the only reason I paid it was to try and be shot of them but they are still going to be haunting me for 6 years regardless of whether I've settled the account or not!

The bloke reckoned that after 3 years a settled default is pretty much disregarded by credit companies - anyone know if this is true?

digitalphase

never-in-doubt wrote: »

I'd be looking to write and ask for them to erase all data - can you confirm exactly what your credit files show? Is it default? CCJ? Settled? Missing altogether? Help....

This is a screenshot of my CreditExpert report on this debt:

digitalphase

Also there were 17 entries in my June 2008 report and 18 in March 2008 so I've definitely not mis-read one. It's all very odd

Also the Marbles bloke said that previous to my payment yesterday they had last received payment from me in October, which was 3 separate payments that I'd paid to Capquest! So they hadn't even notified Marbles I'd been making regular payments :mad:

katie1

Innocent_Guy wrote: »

Vanquis = Easier acceptance
Aqua = Better credit limits / incleases & Online services

I cant understand this i got declined for a Vanquis cc , tried for a Aqua cc and was excepted how come people keep saying it is easyer to get a Vanquis cc

I have just tried again for a Vanquis cc online and got a message saying i will get a letter within 10 days , never got a NO straight the way like i did before (i think ) .

Has anyone else been lucky and be excepted after getting same message or do you think i have a NO but we will put it in writing and keep you waiting :rolleyes:

digitalphase

Give Vanquis a ring Katie, they can tell you whether you've been approved over the phone

katie1

I just rang but she wouldnt say if id been approved or not just that i would have a letter in due course (doesnt sound great does it ) she said it was to early to say beacuse application was only made today ???

digitalphase

Oh right. I applied yesterday and rang them a few hours later and the bloke said I'd been initially approved. I haven't had a phone call or the card yet though of course.

dawnie1972

I got my letter from Aqua today - i've been declined!!! Now what ?

Innocent_Guy

katie1 wrote: »

I just rang but she wouldnt say if id been approved or not just that i would have a letter in due course (doesnt sound great does it ) she said it was to early to say beacuse application was only made today ???

If you were initally accepted they would tell you on the phone. A letter means a decline :mad: