The Sub Prime Credit Thread - Part IV

kilasuit

is there any way to verify whether debit cards are full auth or not

i.e a database?

izools

Toe-Jam wrote: »

My card is an Offline card, it still debits my account in real time though unless the odd time I go to the cinema it will come off about 2 weeks later.

Yeah mine does a lot of the time, but maybe 10% of the transactions (usually those I make in a JD Whetherspoon) take upto a week to debit my available balance +2 days for the leger balance to update... saturday morning I think "wow that's all I spent?"... Wednesday "No "

fairmorn308

izools wrote: »

fairmorn308 - lloyds use your account conduct as the primary thing when considering what to offer you - they mostly make up their mind whether or not to give you something as an existing customer without a credit search. If you don't use the Lloyds account as your main account for six months I would expect it very unlikely they will want to upgrade you...

mawey - I was approved for a barclaycard with four figure limit in november without being on the ER, too. But you sould be. It is in fact the law to be on the ER and you will find it easier but most importantly, you will probably get lower interest rates with the reduced risk of being on the ER.

I would move back as my main account but i cant due to me travelling around the world and needing the card to beable for withdrawls if needed. thats the whole reason for moving as they wouldnt give me it when i asked them.

mawey

izools wrote: »

mawey - I was approved for a barclaycard with four figure limit in november without being on the ER, too. But you sould be. It is in fact the law to be on the ER and you will find it easier but most importantly, you will probably get lower interest rates with the reduced risk of being on the ER.

Didn't relise that it was against the law not to be on it, good job I'll be on it this year. Just sent off my electoral details for this years vote.

izools

fairmorn308 wrote: »

I would move back as my main account but i cant due to me travelling around the world and needing the card to beable for withdrawls if needed. thats the whole reason for moving as they wouldnt give me it when i asked them.

haha catch 22 I see your point.

Can't really say what to advise then, but you can go in and ask them:

1. What is your risk score?
2. What do they recommend you do to improve it?

IME they are good with those questions

fairmorn308

I could transfer back to them but means with am abroad i would use my credit card instead but then again thats prob a safer option than debit card.

fairmorn308

Transfer form already complete and will hand into local branch 2mo

Zack1

Woooooooooooooooooo




:rotfl:

never-in-doubt wrote: »

scoring is unique to each lender and each lender has their own criteria - for instance, Saga only targetted people aged over 60 or whatever whereas Egg want young professionals whereas Tesco want non clubcard customers (ideally) so if you apply to tesco do not add a clubcard number (until after you've been accepted - then log-in and do it)! You're already a customer so no point fighting for your custom - lol.

Secret is to apply for Tesco and ask for a BT of your Sainsbury balance - see what they say then! lol.....

:rotfl:

What about different cards from same bank though, as it's same lender (Sygma or whatever they're called) but different products (JJB & JDW card), so would they be looking to attract different people due to different natures of their business (JDW is like Crap1 in helping people with poor rating/history, JJB is just sport, so although JDW would want to accept more risky people it's Sygma's money...). I believe the APRs are the same, so not sure about the criteria

izools wrote: »

if you don't go 1p overdrawn for six months with lloyds tsb and credit the account well, leave a running balance, etc, they should open a full a/c without a credit search.

Would that work for me opening a basic account then? I wouldn't use it as my "main" account but I'd have loads of transactions.... How do you get a full account after 6 months, just apply online or phone? I don't fancy being grilled on the phone/in branch!

wizzywig27

NID - I applied last night (before you advised not to) for a BoC account, they also advised me that I would need to send ID varified by my bank....bla bla!

I sent the payment to the account number they gave on my application....

Called today and they said EVERY customer has to send forms of ID, I said well I know someone who didnt have to, she just repeated the fact that every customer has to. I said I wanted to cancel the application, and she said that they hadnt even received the payment, I told her the ccount number I sent it to and she said it was the bond account - sound like a bunch of amateurs to me!

MediaFrenzy

Cashflow,

I received the dreaded ‘sorry, but no’ letter from Barclaycard (for the Breathe second card) – as you predicted! (I put a message on my thread but you're here more often!)

I was looking forward to giving Vanquis and/or Capital One the boot as well, will just need to wait a while longer.

I’lve sent a message asking them for a proper reason and if they’ll reconsider, doubt it though.

BTW – this thread has been really busy lately; difficult to keep up on my Blackberry at work!

Cheers,

MF