The Sub Prime Credit Thread - Part IV

misscutiepie1984

izools wrote: »

Why what's your credit history like?

Experian 623 Callcredit 527 Equifax 498

I did have a default on my Experian but that has just dropped off as It was unfairly placed on my file.... score jumped up by 200 points recently.

izools

misscutiepie1984 wrote: »

Experian 623 Callcredit 527 Equifax 498

I did have a default on my Experian but that has just dropped off as It was unfairly placed on my file.... score jumped up by 200 points recently.

The points mean nothing! Please stop wasting your money on this tripe, PLEASE!!!!!Every creditor uses a diffent scoring and weighting system. They also take into account data that the CRA's don't hold when calculating your score. There is no such thing as this "one score fits all" !!!! that the CRA's are selling you so put that money toward something useful - like your credit card .... ANYWAY - so what you're saying is there's no adverse information on any of your credit files? What have you actually got on there? Any accounts?

ElkyElky

Got my HSBC cheque book today.

I also got two identical welcome packs, so I have a spare just incase I lose one of them. :rotfl:

PROLIANT

Anyone know how long it takes for Sygma to send out paper work? Been waiting since the 10th of March when I was told accpeted in principle.

izools

Seems to vary - Took 10 days for my mother to get her card but only five for mine

misscutiepie1984

izools wrote: »

The points mean nothing! Please stop wasting your money on this tripe, PLEASE!!!!!Every creditor uses a diffent scoring and weighting system. They also take into account data that the CRA's don't hold when calculating your score. There is no such thing as this "one score fits all" !!!! that the CRA's are selling you so put that money toward something useful - like your credit card .... ANYWAY - so what you're saying is there's no adverse information on any of your credit files? What have you actually got on there? Any accounts?

I have plenty of accounts however for some stange reason nothing shows up on experian... I did have a default on there but this has now been removed. I have a few missed payments and all my account show as AP (arrangement to pay) as im in a DMP and have been for about 4 years.

izools

misscutiepie1984 wrote: »

I have plenty of accounts however for some stange reason nothing shows up on experian... I did have a default on there but this has now been removed. I have a few missed payments and all my account show as AP (arrangement to pay) as im in a DMP and have been for about 4 years.

Still in an AP? More than one? Wow, you really were lucky to get the Sygma card!Although my mother had the same thing - she's got a large balance on a Barclaycard that's been in an AP since 2003 and still is, Sygma saw that, and still approved instantly online.I suppose with no arrears, no defaults, no court judgments, no excessive searches, a reasonable income, and a few up to date accounts, there is far more positive than negative information :oWell done!P.S. Please put your money somewhere better than on those stupid bloomin scores! I know it's up to you and your perogative but they really aren't going to give you any useful information whatsoever!

misscutiepie1984

I dont really keep it for scores although it gives me a vague indication - If it wasn't for paying for my credit file it would be very bad right now.

I had a more than card in my DMP that got taken over by Lloyds tsb and they were not happy with the payments... they wanted £11pcm more which I couldn't give. Over a year or so later a Default showed up on my credit file but backdated to about a year before, I never received the Default notice so i fought to get it removed which it eventually did thanks to the help of the FOS.

izools

Well done!
Don't be slipping up with your Sygma card, they are known to give regular 33% limit increases every six months

misscutiepie1984

lol I just want it to improve credit file thats all, probably end up with really small limit anyways.

Been with capital one since I was 18 so 8 years and I have never had an increase £200 limit only!!! got higher than that with Vanquis as subprime