The Sub Prime Credit Thread - Part IV

never-in-doubt

spiritual1 wrote: »

i would as i have a scanner, though im not sure how id post it on this though but if yous really wanna see it ill have it posted

Put it on a table and take a photo mate - lol.... :rotfl::rotfl:

We just like to see people's bling, but if you can't it's ok - we'll let you off this time :D

never-in-doubt

Zack1 wrote: »

Thanks for that info NID... Interesting... it seems to hit people who are "good" and reward those that aren't though.... I mean if you get a default 6 years is a hell of a long time to be very limited in what you can do....3 years on the other hand.... Likewise, as I never miss payments (well, apparently :rotfl:) I want 6 years payment history to show up not 3 :mad: Unless lenders ignore past 3 years when making decisions now? But I thought they used the whole lot of data

Mate credit performance in the EU is usually based on a rolling 12 month period from the date you apply, so if you miss a payment in January 2009 by February 2010 the entry would vanish totally..... Your theory of 3 years history will mean nothing as nobody will be able to refer to it, only the adverse will link to 3 years.

It will benefit people on here - definitely... we will not be so restricted when chosing credit, but we will be expected to pay for it via annual/monthly account fee's.

never-in-doubt

Off for some kip - working nights!!

Laters people, have a good day.... :D:D:D

Zack1

never-in-doubt wrote: »

Mate credit performance in the EU is usually based on a rolling 12 month period from the date you apply, so if you miss a payment in January 2009 by February 2010 the entry would vanish totally..... Your theory of 3 years history will mean nothing as nobody will be able to refer to it, only the adverse will link to 3 years.

It will benefit people on here - definitely... we will not be so restricted when chosing credit, but we will be expected to pay for it via annual/monthly account fee's.

Ah fair enough, account fees don't seem so good though

PARIS_5000

kerryberryboo wrote: »

I intend to put my phone bill on it and clear it off each month, I'll maybe allow £20 to linger on it for a few months. If I get accepted for a capital one I'll probably do something similar.
How long should I use the card for to establish a good background?

6-12 months and then you can start to apply for prime cards.

usedandabused

Seriously if it wasn't for NID, nearly all of us would be lost.

now i'm still trying to work out how to back out of a current account with A&L after their email said my application had been successful

kerryberryboo

So I thought I'll just phone capital one and see how my application is coming along...... DECLINED

Now I'm really concerned that Aqua will decide that I am no longer a worthwhile credit card holder, tear up my CCA and send me it in the post with a letter saying.... "You Suck!"

AaaAaaaaAAArgh!! Stress!!:mad::mad::mad:

seeya23

if aqua send you a cca then you have got it

seeya23

have a look here at this april fools
http://www.asylum.co.uk/2010/04/01/eastenders-stars-to-appear-on-banknotes-as-part-of-25th-birthday/

usedandabused

kerryberryboo wrote: »

So I thought I'll just phone capital one and see how my application is coming along...... DECLINED

Now I'm really concerned that Aqua will decide that I am no longer a worthwhile credit card holder, tear up my CCA and send me it in the post with a letter saying.... "You Suck!"

AaaAaaaaAAArgh!! Stress!!:mad::mad::mad:

aww never mind, when i first became subprime i used to be like you, now i would think cap1's loss, plus i'm used to rejection now lol, Aqua if they sent you out the CCA means you have it now, regardless.