The Sub Prime Credit Thread - Part IV

plumber2009

izools wrote: »

Better than a straight decline!

What's your credit file like these days?

Got 4 defaults back in 2007 when i was out of work but have been paying them back for over 2 years now.

Have got a vanquis card £2k limit, capital one classic £1700 limit and was able to get my barclaycard reinstated back in nov with £900 limit. All accounts have been reinstated/opened within the last 2 years.

all my accounts are satisfactory and upto date apart from my 4 defaults.

I also put NOC on both my credit files to explain the reason for default.

BugsyBrowne

izools i take it JL card means john lewis cc,if that is the card you applied for,you should of checked your equifax report,as that what they checked for me,did you do your score mine was(414)good and they accepted me,did have a feeling they would as my equifax is twice as good as my experian report,maybe i was lucky wouldent of been if they would of checked experian,now just wonder what apr and credit limit they dish out!!!

Innocent_Guy

plumber2009 wrote: »

Got 4 defaults back in 2007 when i was out of work but have been paying them back for over 2 years now.

Have got a vanquis card £2k limit, capital one classic £1700 limit and was able to get my barclaycard reinstated back in nov with £900 limit. All accounts have been reinstated/opened within the last 2 years.

all my accounts are satisfactory and upto date apart from my 4 defaults.

I also put NOC on both my credit files to explain the reason for default.

NOC would have caused the app to refer

never-in-doubt

star-fire wrote: »

izools i take it JL card means john lewis cc,if that is the card you applied for,you should of checked your equifax report,as that what they checked for me,did you do your score mine was(414)good and they accepted me,did have a feeling they would as my equifax is twice as good as my experian report,maybe i was lucky wouldent of been if they would of checked experian,now just wonder what apr and credit limit they dish out!!!

#4693

The limit will be small, £500 - £1000 tops.

never-in-doubt

Innocent_Guy wrote: »

NOC would have caused the app to refer

........ and the defaults will cause it to decline (high possibility)....

Innocent_Guy

Guys advise please,

HSBC BS quite low although account run ok. I am thinking of applying for the JL card however in the next few months plan to apply for the HSBC CC. If I am declined for JL will this cause HSBC app to decline.

never-in-doubt

Innocent_Guy wrote: »

Guys advise please,

HSBC BS quite low although account run ok. I am thinking of applying for the JL card however in the next few months plan to apply for the HSBC CC. If I am declined for JL will this cause HSBC app to decline.

yes, did you see what I quoted to Proliant etc earlier?

Innocent_Guy

never-in-doubt wrote: »

yes, did you see what I quoted to Proliant etc earlier?

So realistically I better not apply for the card then

Innocent_Guy

never-in-doubt wrote: »

........ and the defaults will cause it to decline (high possibility)....

Defaults are quite new

never-in-doubt

Innocent_Guy wrote: »

So realistically I better not apply for the card then

No mate - not if you want to get the HSBC card - you'll have higher chance of that, being you bank with them and they can do a branch override if you apply in branch...

see here - #4709