The Sub Prime Credit Thread - Part IV

plumber2009

As a long standing user of credit I can say that those with no credit history or limited history of under 2 yrs will find it very hard to get credit, Yet those with a poor history having 4 yrs or more of credit history will have a greater chance of acceptance. Once I had 4 yrs of good history I was able to get any credit I want. However I lost my job in 2007 and fell into default on 2 loans and 2 cards. After being back on my feet for 2 yrs now I am starting to get accepted for credit again due to the fact of my previous good history prior to default.

Using capital one and vanquis helped me to demonstrate that I was still able to repay my debt and has contributed greatly to restoring my credit history.

Going by my experience give 2-3 yrs of good behaviour with sub prime credit then you should get mainstream.

hope this helps.

Innocent_Guy

Good Evening all

Mightyowl

Thought i'd pop in an say hello, how is everyone? not been around for a while due to work commitments good to see NID still helping around the forum. Since i last spoke i have got loads of dem green o's on my file, and just got a 42" on buy now pay in 12 months from Curry's, going to clear the balance after Christmas. I tried to get another loan but got declined 3 months ago, but looking back it was probably a good thing as i have now cleared my Argos,Next and Barclaycard and owe nothing besides the finance on the tele.

ElkyElky

I got declined for a mobile contract! I was in the Orange shop and saw a phone I wanted. Somewhat embarassed when he said it was declined.

I told him I had a perfect history with a number of cards. so he had no idea why. I asked him to call up the department that can overwrite the decision and they said I have to fax them a copy of my credit report and they'll overturn the decision.

So I have to order my report, go back down to the Orange shop so the guy can fax it over. As soon as he said declined, I demanded he phone whomever to get it overturned. He was shocked as much as me, telling me someone on benefits with a less than perfect credit history was accepted just moments ago.

:mad::mad::mad:

seeya23

i have 3 Orange mobile contract and i ve got 2 ccjs and my new iphone is the the bizs

never-in-doubt

seeya23 wrote: »

i have 3 Orange mobile contract and i ve got 2 ccjs and my new iphone is the the bizs

iPhone from Orange eh? Do Voda do em yet lol? may have to get one, just for the fun of it

seeya23

Orange been doing the iphone for about last few weeks ( nov 10 )

ElkyElky

Grr. The phone I wanted, I really wanted, today!

It is only available on Orange. Now I'll have to wait until my credit report arrives. I'd check my report online but I don't know if they'd accept a print out of it.

seeya23

ElkyElky wrote: »

Grr. The phone I wanted, I really wanted, today!

It is only available on Orange. Now I'll have to wait until my credit report arrives. I'd check my report online but I don't know if they'd accept a print out of it.

no you can get one on 02 as well

ElkyElky

seeya23 wrote: »

no you can get one on 02 as well

It's not the iPhone I want. It's a Toshiba TG01.