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sub prime then what?

bbelt
bbelt Posts: 117 Forumite
Hi Folks

I just wondered where people moved to mainstream credit wise after being in the sub prime market for long enough to move on?

hopefully move on myself a few months down the line.:beer:

Comments

  • bbelt
    bbelt Posts: 117 Forumite
    bumpy bumpy bump
  • Pee
    Pee Posts: 3,826 Forumite
    Do you mean how people rebuild credit scores?
  • seeya23
    seeya23 Posts: 2,330 Forumite
    about 12 months you can try flybe they are easy
  • cos_2
    cos_2 Posts: 624 Forumite
    Part of the Furniture Combo Breaker
    When I was in sub-prime some years ago I used Cap1 and Barclaycard to start rebuilding my credit. I read your question and was surprised to realise I'm still using Cap 1 and Barclaycard. Initially I had £200 limit on Cap1 and £300 on BC - now it's £7500 and £7100.
  • cos wrote: »
    When I was in sub-prime some years ago I used Cap1 and Barclaycard to start rebuilding my credit. I read your question and was surprised to realise I'm still using Cap 1 and Barclaycard. Initially I had £200 limit on Cap1 and £300 on BC - now it's £7500 and £7100.

    WOW!!!

    Exactly how long have u been using each card?
    'Sometimes you just need to keep your mouth shut'
    :j
  • cos_2
    cos_2 Posts: 624 Forumite
    Part of the Furniture Combo Breaker
    edited 30 June 2009 at 9:13PM
    Cap1 was first in 2001 I think and BC a few months later. I'd divorced at the time and had all sorts of money issues. I scrapped Cap1 after a couple of years. I think I've posted about this elsewhere. I reapplied a couple of years ago but can't remember why I chose them - maybe a promotion on interest rate?

    Just checked, and my Barclaycard says 'Founder Member' on it - not at all sure what that means!

    Edited - I think the founder member thing came about as BC took over Morgan Stanley Cashback eventually. Maybe someone else knows about this, without spoiling the thread :)
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