The Sub Prime Credit Thread - Part IV

Innocent_Guy

Effect, did HSBC remove your GCG when they opened your new account?

TheEffect

Innocent_Guy wrote: »

Effect, did HSBC remove your GCG when they opened your new account?

Well, a week after I opened the account, I ordered a replacement card for my Plus account which was CGC. A week later, I snapped it and ordered a new one, which wasn't CGC.

They said I no longer meet the criteria and have removed my CGC and would not issue me a new one.

I am however closing the Gap Year account as I'm not ready for university yet and am going to take some more time out and work.

Innocent_Guy

TheEffect wrote: »

Well, a week after I opened the account, I ordered a replacement card for my Plus account which was CGC. A week later, I snapped it and ordered a new one, which wasn't CGC.

They said I no longer meet the criteria and have removed my CGC and would not issue me a new one.

I am however closing the Gap Year account as I'm not ready for university yet and am going to take some more time out and work.

I assume that your behaviour score has dropped below 30 for some reason... This must be the reason they refuse the CGC, I would go into branch so that they can override

Innocent_Guy

Who do PC World finance with?

TheEffect

Innocent_Guy wrote: »

I assume that your behaviour score has dropped below 30 for some reason... This must be the reason they refuse the CGC, I would go into branch so that they can override

To be honest, I'm not that bothered anymore. The CGC was helpful when writing cheques for my local indian restaurant when getting a delivery, but when I mentioned I no longer have a CGC, he told me as I've never had a cheque bounce, he doesn't mind.

There could be a lot of reasons why my internal score has dropped. I've ordered a lot of replacement cards recently, I downgraded to a standard bank account then upgraded to Plus again which might look bad. I had 5k go through my account one month (moving money around, and paid for a large purchase for my brother after he deposited money into my account), as well as using my overdraft for 5 days last month.

I'll try and get it back on route now. I keep contemplating moving everything to Lloyds, as I'd be better off (not paying the £13, and getting the interest), but HSBC is a good bank. Also, I have a 'Credit Policy Decline' with Lloyds meaning they wont even give me a cheque book at the moment.

I'm a very indecisive person.

never-in-doubt

TheEffect wrote: »

I'm a very indecisive person.

No !!!!!! sherlock - you don't say :rotfl: :rotfl:

Mate, you're that indecisive I bet you confuse yourself.... in fact, do you find yourself having an argument in your head with your conscience? I'm getting an image of a couple of puppets like punch/judy having a full on scrap inside Effects head! (yes close HSBC - NO! Stay with them - NO! Goto Lloyds - you know, that kinda !!!!!! lol) :whistle::whistle::whistle:

never-in-doubt

In fact - Effect, did you work in the cinema? If I recall, didn't you have this same moral dilemma when it came to quitting (to concentrate on the school job)? And what ended up happening - you went back to the cinema and still work there now?

Was that you by any chance - lol :rotfl::rotfl:

TheEffect

I actually left the cinema 4/5 months ago and have never looked back. I love my job in the school.

searchingfortruth

Can you by an chance tell me the email address for mbna customer advocate office, will be eternally grateful. Many thanks.

LegalBlonde

i stupidly have a vanquis card i think the credit limit is £600 but I get charged for being overlimit so much I now owe £749, I have had a letter from their "legal team" (the same people except on yellow paper instead of white) saying I owe all the money. If I write to them suggesting a certain amount to pay each month, does anyone have any experience of the likelihood of them accepting this?? I have alot of debt but Vanquis were my last last last resort so I have never even really thought of them even having any staff that could make such a decision! If anyone could share their experience I would be more than grateful. My other cards are Capital 1, NatWest, Barclaycard (the balance on this one is actually healthy) and Egg but I am confident I can liaise with them!