The Sub Prime Credit Thread - Part IV

never-in-doubt

thussein wrote: »

hi guys. after reading for a couple of weeks ive finally dicided to post a question. ive recently decided to check my credit report and have notcied that my barclaycard has been over 70 pounds, my limit is 1000 so for the past two years its been 1070. i have now pad 600 pounds on it and im waiting to see it improve. my question is if i apply for credit would this go against my application (the fact that it was over the limit for 2 years but no late payment, all DD) thanks

what code shows on the credit files? i.,e. [0] or [1] or [D]?

noah271007

thussein wrote: »

hi guys. after reading for a couple of weeks ive finally dicided to post a question. ive recently decided to check my credit report and have notcied that my barclaycard has been over 70 pounds, my limit is 1000 so for the past two years its been 1070. i have now pad 600 pounds on it and im waiting to see it improve. my question is if i apply for credit would this go against my application (the fact that it was over the limit for 2 years but no late payment, all DD) thanks

If your account is over the limit for that long , it usually report adverse data like (1), (2), (3), and eventually ended up with a D if no action has been taken to put account back in good order. I got a feeling it is now defaulted, given the fact you said it was over the credit limit for 2 years!
Check your account status asap!

seeya23

good evening

thussein

thanks for the reply
i have all green 0s and under them it tells me limit 1000 balance 1070 and my minimum payments of 24 pounds was paying it. i didnt realise until i checked my report. its not in defult just shows im over but with green 0s

never-in-doubt

thussein wrote: »

thanks for the reply
i have all green 0s and under them it tells me limit 1000 balance 1070 and my minimum payments of 24 pounds was paying it. i didnt realise until i checked my report. its not in defult just shows im over but with green 0s

Then so long as they show COLOR=seagreen][B]0[/B][/COLOR's this will have no affect on you (lucky sod) lol

Just get it into credit asap! :rotfl: :rotfl:

thussein

i put some money on it and my balance is now 450 so im just waiting to see what happens after it gets updated as my credit report gives me a red light (danger) to creditors

thussein

another question guys! i have 5 1month late payments from 2008 on my barclaycard and 1,2,3 on a settled t-mobil in 2006 will these effect me obtaining credit

never-in-doubt

thussein wrote: »

another question guys! i have 5 1month late payments from 2008 on my barclaycard and 1,2,3 on a settled t-mobil in 2006 will these effect me obtaining credit

I thought you said you'd read this forum lol? #7760

That will answer you - its at the bottom of the last page on this same thread!!!

- i have 5 1month late payments from 2008 on my barclaycard

- i have 1,2,3 on a settled t-mobil in 2006

Barclays, yes it will affect you.

T-Mob, no it will not but as the Barclays will flash up this will bring their attention to the T Mobile account so right now either learn to pay on time or stop applying, I wouldn't extend you credit right now - not on your nelly.

Wait until Barclays late payment markers surpass 3+ years late before applying for anything cos it will be referred to u/w who will 99.9% decline you.

thussein

sorry! i just thought that because it was over 2 years ago that when they looked back it might of been out of range lol.

thussein

my barclaycard has 5 1month late payments in 2008. so for two years i have no late payments on anything and only 1 credit card (barclays) with a balance of 450 pounds