The Sub Prime Credit Thread - Part IV

ElkyElky

star-fire wrote: »

Cheers elky i basically want rid of the capital one because of the high interest,i have had this card since feb 2008,but in october want to apply for either m&s card or tesco cc,just wondered the actual effect that would have on the application,would closing it down settled still look as good as still running the account,the balance is now zero but now going to start using the flybe as it is 15% lower apr,cut a long story short what would you do elky....

I'd keep it for the moment. You've held it for quite a while and lenders like to see stability. You don't have to continue using it, just aslong as it is continuing to report green 0's on your file.

You can close it once you've got a card that you really want.

I was in a similar situation and was told to keep an account I've held the longest open because it shows you've managed the account well over the number of years you've had it.

BugsyBrowne

Thanks elky....

Innocent_Guy

You need to calm down and realise the impact of some of the comments you are making.......

seeya23

good evening to all

Innocent_Guy

seeya23 wrote: »

good evening to all

Good Evening :beer:

never-in-doubt

I missed the idiot then eh? Must be a Lloyds employee!!

I got PM'd a comment - huh, some people eh!

seeya23

Innocent_Guy wrote: »

Good Evening :beer:

i see the thread gone mad again

never-in-doubt

seeya23 wrote: »

i see the thread gone mad again

All bad posts have been deleted - refresh your screen mate :beer:

oops what do I know, i'm an unlicenced security guard on a building site (do building sites give PC's to staff now then?) - cool, time for a career change me thinks :rotfl: :rotfl: :rotfl:

BugsyBrowne

Anyone got any idea who that idiot was....

never-in-doubt

star-fire wrote: »

Anyone got any idea who that idiot was....

a narcissist :rotfl: :rotfl: :rotfl: