The Sub Prime Credit Thread - Part IV

never-in-doubt

brians_daughter wrote: »

No missed payments in last 12 months - but i do have a few 1's over the last few years(Going back to Jan 2009).

Problem 1: How many exactly?

brians_daughter wrote: »

I had a AP that was turned back to normal account standing 13 months ago.

Problem 2: What does the CRA show under this, as things stand now?

brians_daughter wrote: »

Applied for sygma in March but they knocked me back.

See above for answers as to why you were knocked back, and will continue to be knocked back......

brians_daughter

Cheers Niddy

Problem 1: How many exactly?

3 - ranging from june 2007 - jan 2009. Work *should* have paid my mobile bill directly had issues when the agreement was initially set up so ended up just paying and claiming back. On experian as it only shows last 12 months as colour coded it has all green 0's and underneath it states 3 1's in last 36 months

Problem 2: What does the CRA show under this, as things stand now?

Shows it as a normal account, no AP marker on there, when it was AP it was reported as AP in the payment history, Now it shows as green 0's



See above for answers as to why you were knocked back, and will continue to be knocked back......

How long for? I am sure i had read (maybe by you , but could be mistaken) that some cc co's only check back 12 months if there is no adverse on there and only go back further if anything flags up?

As i say i have no NEED for one, but would like an indication as to when i may be accpeted for one.

I tend to pay in full most months but i know that come September I will need to rely on some element of credit for a few weeks (current contract ends in August,and is being renewed 1st October so I will have 8-10 weeks without pay - whilst i am making provision for this now it would be good to know that if i needed it i wouldnt be stuck paying the rates i am at the moment , even if it is only for the short period of time until my student loan gets paid mid September)

never-in-doubt

brians_daughter wrote: »

How long for? I am sure i had read (maybe by you , but could be mistaken) that some cc co's only check back 12 months if there is no adverse on there and only go back further if anything flags up?

They do only go back so far but you have 3 late payments, this is more than 2 so this will force them to go back and do a full 3yr search. Tesco is your best bet for a clean search, they usually go back 12 months and request 2yrs addresses - may have changed but was like this at Xmas time....

Its hard to say when or whom will accept you, do you have a full bank account? If so try them, first and foremost.

fairmorn308

applyed for FD account last night and just got a email saying i been accepted and need to sign the form and return them. But there was nothing attached in the email

never-in-doubt

fairmorn308 wrote: »

applyed for FD account last night and just got a email saying i been accepted and need to sign the form and return them. But there was nothing attached in the email

Yea, we all get the same email mate!!! I had it last week and got declined 2 days later - the email means nothing! The forms come in the post THEN upon receipt by FD, they underwrite and score you.

See here: First Direct

My email:

Re: Your first direct 1st Account application.

Thank you for your recent request to join first direct.

Full details about a first direct 1st Account, along with an application form containing the information you have provided, are now on their way to you. When you receive your application, please check that the information it contains is correct, then sign and return it to us as soon as possible so we can complete our final checks.

If you have any queries regarding your application, please contact us on 0800 24 24 24.

Regards

Lisa Morrison
Account Opening Team

To maintain a quality service calls may be recorded.

brians_daughter

never-in-doubt wrote: »

Its hard to say when or whom will accept you, do you have a full bank account? If so try them, first and foremost.

Thanks, my longest bank account is halifax, but i changed over recently to natwest student account - as my wages and student loan now go to natwest and i have limited history with them i doubt they would give me one, dunno re halifax as i use it as a billing account i just move the £s over to cover all my dd's.

never-in-doubt

brians_daughter wrote: »

Thanks, my longest bank account is halifax, but i changed over recently to natwest student account - as my wages and student loan now go to natwest and i have limited history with them i doubt they would give me one, dunno re halifax as i use it as a billing account i just move the £s over to cover all my dd's.

Try Halifax first, they are your best bet as you have history with them. Don't go for the best card, go for the student one if you're a student..... however bear in mind you can appeal to central underwriting if unsuccessful so try them, log in via online banking and give it a bash!

TheEffect

Must. Resists. Apply. Button.

seeya23

TheEffect wrote: »

Must. Resists. Apply. Button.

go on i will if you do

BugsyBrowne

seeya23 wrote: »

go on i will if you do

If you both get turned down you will only be gutted,best wait until you know you have a good chance of being accepted...