Advice Needed !possible decline due to lack of history!

almost_there

Hi all, due to be adverse info free in October and was wanting to apply for a mainstream card(got Cap1) 1yr worth of green (0s) Should I apply in November for mainstream?

I dont want to be declined due to lack of history! so should I apply in November for a catalogue and build up up more history b4 I apply for card.

If so which Catalogues are best. Mark.

Or should I apply for Vanquis today still with ccj on file!

It's just to build up more history.

stephane_2

Do you have a CCJ on your credit file?
If so, then I would be amaze if you can get a mainstream CC and your CCJ will stay on your file for the next 5 to 6 years. It might even be very difficult to get a catalogue account with a CCJ

almost_there

The ccj is due off in October also, this will just leave me with my cap 1 card which will be full of green (0s)


That is all that I will have on my file! so was just trying to get more history so it mekes things look better when I hopefully go Mainstream in November.

stephane_2

If your CCJ due date is in October then I would advise you to check regularly your credit file with Equifax/Experian from October and wait for your credit file to be duly updated before you apply for anything else. Applying for credit either CC/catalogue while a CCJ is still in place would make things worth on your credit report and would make it even more difficult for you to get credit in the future

cos_2

I would think you would be able to apply for a whole range of cards, as long as your income and ID stack up. Just wanted to add that my current Cap1 limit is £7500, which is pretty mainstream, I think! But you can't apply for an upgrade with them - they don't let you.

Go for the card that suits you best, in terms of low interest for carrying a balance, or rewards if you can clear it every month.

Good luck.

PNPSUKNET

cos wrote: »

I would think you would be able to apply for a whole range of cards, as long as your income and ID stack up. Just wanted to add that my current Cap1 limit is £7500, which is pretty mainstream, I think! But you can't apply for an upgrade with them - they don't let you.

Go for the card that suits you best, in terms of low interest for carrying a balance, or rewards if you can clear it every month.

Good luck.

Think you need to ignore this, the op has stated that he has a ccj so mainstream will not touch until removed. I would advice a jdwilliams account as they dont seem to check.

almost_there

I will hold off till november then files will be clean, was just wondering if was better to try and build up more history before then as just got a well run Cap1 card on my files and dont want to be declined due to lack of credit

stephane_2

I think by trying to apply for some credit now you will be declined due to your CCJ no one will touch you with a bargepole, and a search will be recorded on your credit file. Credit had the moment is extremely difficult to come by even for people with excellent credit history

NickX

Definitely wait until your CCJ drops off before applying for credit.

TBH an application before this would be a waste of time. Good Luck.

cos_2

Sorry, I meant apply after the CCJ had dropped, not apply immediately. I wasn't very clear...

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