The Sub Prime Credit Thread - Part IV

Innocent_Guy

noah271007 wrote: »

Yeah the limit for me is a little too low. It is still A LOT better than a decline. 19.9% suggest i am of a lowish risk.... i am in band B.

Exactly. Better accepted than declined.

sutton111

noah271007 wrote: »

Congratulations Innocent!!

Just call them and they will tell you. I wouldn't be surprised if your application was next to mine lol.

Innocent_Guy wrote: »

Its your turn now Spiritual....... I bet Sutton will also make another application!!

Innocent_Guy wrote: »

Yep you have deffo got it! I have also just bitten the bullet and applied and been accepted!

Shall i or Shall i not??? :rotfl:

plumber2009

I got declined for silver card within the last 2-4 wks.

Was wondering if my Notice Of Correction has caused a decline?
Should i remove this NOC from my file?

sutton111

Ok here goes, they better not take my Silvercard from me.

plumber2009

sutton111 wrote: »

Ok here goes, they better not take my Silvercard from me.

Good luck.:)

Zack1

plumber2009 wrote: »

I got declined for silver card within the last 2-4 wks.

Was wondering if my Notice Of Correction has caused a decline?
Should i remove this NOC from my file?

A NOC can't cause a decline - it means they have to manually review it, they can't decline you *because* you've got one though. What's the NOC about? If it doesn't clarify the situation well enough then they may just decline you based on that - i.e. your file as if the NOC wasn't there - but the fact you've got one won't mean it's a decline, they aren't allowed to do that

noah271007

ElkyElky wrote: »

One can never have enough credit cards. :j

On a serious note, it is becoming a chore having to manage all of these cards. I'd much rather have 1 card with a large limit than 6 with small limits.

Yes i agree, more difficult to manage 5 different cards!! It is always ideal to have a credit card with a good limit and a backup card with a decent limit.

I will now close Nationwide CC.

kilasuit

Zack1 wrote: »

A NOC can't cause a decline - it means they have to manually review it, they can't decline you *because* you've got one though. What's the NOC about? If it doesn't clarify the situation well enough then they may just decline you based on that - i.e. your file as if the NOC wasn't there - but the fact you've got one won't mean it's a decline, they aren't allowed to do that

actually they can decline it as some companies wont follow through an app with a NOC

sutton111

They declined me. Boll*cks!

Thank you for you application.
We regret to advise you that after careful consideration , Sygma Bank UK is unable to offer you an account at this time. However, we believe in doing everything we can to help our customers, and would like to introduce you to Vanquis Bank to see if they can offer you an alternative. Vanquis Bank has different acceptance criteria so they may be able to offer you a credit card where we have been unable to.

I knew they would.

kilasuit

kilasuit wrote: »

actually they can decline it as some companies wont follow through an app with a NOC

though it shouldnt happen