The Sub Prime Credit Thread - Part IV

wizzywig27

never-in-doubt wrote: »

LOL - you are making hard work of this and my brain!

Right, when you just applied did it ask for current bank details and you gave your easycash details? If so, log into internet banking for the easycash account and the new account should be linked and be on your 'my accounts' page!

haha, yes, I didnt log in, just went through the standard process and it asked for my account details, which I obviously entered.

However, I do not know my log in details lol, oops :mad:

euronorris

never-in-doubt wrote: »

Mate you never pay a deposit for a CC - is this a UK or Dutch bank? I am commenting on UK banks only.... which lender, if you dont mind saying?

But suffice to say, you should suggest sub prime cards like barclaycard, aqua, vanquis etc...

It's a UK bank. I don't know the name I'm afraid.

Not sure that they would call it a deposit as such, but that was essentially what it was for. It went along the lines of: yes, we'll give you a CC with a 200 limit, but you have to give us 200 first.

Anyway, I'll point her in the direction of the sub prime cards and remind her that she needs to pay them off in full each month, so no shopping sprees! lol

Thank you.

PS. Thank f*** it's Friday!

cifpower

wizzywig27 wrote: »

haha, yes, I didnt log in, just went through the standard process and it asked for my account details, which I obviously entered.

However, I do not know my log in details lol, oops :mad:

You will have to get your log in details resent (you can do this online) and then when you get them, you can add your Easycash account to your My Accounts section

wayne99

never-in-doubt wrote: »

Yes mate - very good for your starter question lol

Multiple choice next round eh? :beer:

Hows it going anyway matey?

sorry its taken ages to reply been a little busy trying to keep the wifes spending under controll LOL, (its not working at the mo)

iam good thanks mate, how are you getting on ?

by the way i didnt get any firther with that T-Mobile default i spoke with you about a while ago, they sent me a rather firm response and just said they will make sure my account is marked as settled on my file and iam yet to look at my file to see if they removed the default or not.

But thanks for your help with it .

keep up the good work !! :santa2:

wayne.

Zack1

euronorris wrote: »

It's a UK bank. I don't know the name I'm afraid.

Not sure that they would call it a deposit as such, but that was essentially what it was for. It went along the lines of: yes, we'll give you a CC with a 200 limit, but you have to give us 200 first.

Anyway, I'll point her in the direction of the sub prime cards and remind her that she needs to pay them off in full each month, so no shopping sprees! lol

Thank you.

PS. Thank f*** it's Friday!

I'd love to be able to do that. If someone said give us a grand and we'll give you a grand credit limit I'd jump at the chance! I got my o2 contract by giving a £150 deposit

Hope your friend gets it sorted, what happened with the debts and trying to sort it all out etc must be a really horrible situation to be in

duggie1982

I had to give Cap1 £200 deposit a few years back for a £200 credit limit card. Went upto £500 after a few months, closed the account then applied 6 months later and needed no deposit. Suppose its ok to start you off on a credit card at first as at the time no one would touch me with a barge pole lol

hax_2

never-in-doubt wrote: »

I wouldn't apply to Aqua mate. If you have an easycash it is unlikely they will accept you. They may do, but if I were you i'd be waiting (6 months CRA data at least)....

LOL at capital one by the way - you nutter! Not likely they would agree is it haha

I've had an Easycash a/c since Dec 07 and I was approved in May this year for Aqua. But maybe that's because I didn't have any defaults on my Experian file at the time (they only searched Experian). I did disclose my previous defaults though.

But having both a/c's (Easycash and Aqua) is worrying though, because Aqua may decide one day to reduce my limit and set-off money from my Easycash a/c. I was thinking of using my other bank a/c's, such as the Lloyds one, but because Lloyds bought out Halifax I don't know if even that's a good idea anymore.

never-in-doubt

hax wrote: »

I've had an Easycash a/c since Dec 07 and I was approved in May this year for Aqua. But maybe that's because I didn't have any defaults on my Experian file at the time (they only searched Experian). I did disclose my previous defaults though.

But having both a/c's (Easycash and Aqua) is worrying though, because Aqua may decide one day to reduce my limit and set-off money from my Easycash a/c. I was thinking of using my other bank a/c's, such as the Lloyds one, but because Lloyds bought out Halifax I don't know if even that's a good idea anymore.

They will not be able to utilise RoSo as Aqua and HBOS are separate entities (although the same group). They could do it if for instance you had a HBOS credit card but not an Aqua card. Also, forgetting that, they would not reduce your limit that bad and then demand repayment. They only reduce the limit to within the current balance (ie. limit £2000, balance £800 = new limit £850).....

Lloyds and HBOS are also separate entities at the present time.

hax_2

Thanks NID

When I first used my Aqua card, they asked some security questions. I used to have an AA direct debit from my Easycash a/c. Aqua accessed this data, and one of the security quesitons they asked was what direct debits do I have on my Easycash a/c. That got me a bit worried!

davethorp

Scratch my post the other day about M&S online not taking the new natwest visa debits (full auth). My card had been blocked as they wanted to confirm some transactions with me

A subsequent transaction with M&S went through fine