The Sub Prime Credit Thread - Part IV

usedandabused

edinburgher wrote: »

I know that, but I believe that lenders such as Vanquis and Cap One will still accept applications from people who have had defaults in the past...

12 months or older, i was in the !!!!!! but as soon as my default hit the two year mark i got a decent credit card, well errr.................Tesco's and got a full current account again, with an OD of £500:T

seeya23

edinburgher wrote: »

I know that, but I believe that lenders such as Vanquis and Cap One will still accept applications from people who have had defaults in the past...

i ve got Vanquis and Cap One cards i ve got 2 ccjs one from 2006 and 2007 and one default

edinburgher

12 months or older

Do you mean 'recorded 12 months or more ago' or 'satisfied/account paid off 12 months or more ago' mate?

i ve got Vanquis and Cap One cards i ve got 2 ccjs one from 2006 and 2007 and one default

How long did you wait after paying them off before applying for said cards?

usedandabused

seeya23 wrote: »

i ve got Vanquis and Cap One cards i ve got 2 ccjs one from 2006 and 2007 and one default

As soon as default hit over 12 months vanquish will look into giving you a card, tesco's will probably give you one after 2 years, oh sorry did i quote wrong post?

ignore me

seeya23

edinburgher wrote: »

Do you mean 'recorded 12 months or more ago' or 'satisfied/account paid off 12 months or more ago' mate?



How long did you wait after paying them off before applying for said cards?

had my capone card just over a year now and vanqis about 8 months

edinburgher

seeya23 wrote: »

had my capone card just over a year now and vanqis about 8 months

And is your default satisfied/account closed?

seeya23

edinburgher wrote: »

And is your default satisfied/account closed?

it.s satisfied now but not when i got my capone card

usedandabused

edinburgher wrote: »

Do you mean 'recorded 12 months or more ago' or 'satisfied/account paid off 12 months or more ago' mate?



How long did you wait after paying them off before applying for said cards?

recorded, from the date the default or ccj is logged, HSBC sunk me because i had a scandalous amount of debt, i agreed token payments, upped them since getting a job, but as soon as my default being logged had surpassed 2 years i got a Tesco's credit card.

vanquish had about 12 months after default, i sneakly got a capital one card aswell LOL

i need to stop applying for credit, i'm still not mainstream, despite getting a full bank account again lol

edinburgher

i need to stop applying for credit, i'm still not mainstream, despite getting a full bank account again lol

Yeah - I need to make sure I don't go nuts either - basically I just want a couple of cards with low credit limits to use for grocery shopping or the like (fixed cost shopping that I pay off in full every payday). Just trying to start over like everyone else

usedandabused

edinburgher wrote: »

Yeah - I need to make sure I don't go nuts either - basically I just want a couple of cards with low credit limits to use for grocery shopping or the like (fixed cost shopping that I pay off in full every payday). Just trying to start over like everyone else

vanquish's rate is too high, apply to capital one, lower rate and just as flexible, wait 12months from default logged though