The Sub Prime Credit Thread - Part IV

BugsyBrowne

izools wrote: »

It doesn't matter. And no, they didn't see my Bankruptcy when I applied because they only searched EQ and it doesn't appear on my EQ file just EX.

And I've already got three prime cards! Barclaycard, Silver, and My World Don't need any more or anyone else I was just miffed at them suggesting 13.7% debt to income is high enough to justify a limit decrease when the acceptance criteria for their gold card is 40%...

Meh.

Did not realize you have been made bankrupt b4 izools,don't know much about bankruptcy but i am surprised barclaycard,silver,my world excepted you..
Are you sure that bankruptcy has not come back to haunt you,like maybe it has popped up on their database somewhere..

Zack1

Oh dear, Barclaycard do seem a strange bunch though. One minute it tells me I can get the lowest card then it tells me I can't!

I can see Natpest slashing my limit now I've got another new card, they already said I'm "never going to get more than [my] current limit", and I've taken nearly £500 more credit since they said that... with Vanquis that is possibly closer to £750... plus drained my 1k overdraft.... I think it's just a matter of time!! Can't see Aqua increasing my limit either! I imagine all of the cards I've got were given to me at a push, so having another is going to get them all worried?

BugsyBrowne

It’s good news!

Based on the information you have supplied, if you apply for a Barclaycard there’s a good chance your application will be accepted. We have listed the card details below, showing the likelihood of your acceptance following our pre-application check.
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APR Balance Transfer Rate Purchase Rate Benefits Likelihood to be accepted
Barclaycard Platinum Credit Card with Balance Transfer
Why is it suitable for me?
Offers a 0% balance transfer for 15 months
Summary Box
Balance Transfer Terms & Conditions
16.9%
APR
typical (variable)
Interest
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Duration (from account opening) 15 months
Handling
Fee 2.9%
Interest
Rate 0%
Duration (from account opening) 3 months

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70% to 80%........



i just done this let me choose its tempting

izools

star-fire wrote: »

Did not realize you have been made bankrupt b4 izools,don't know much about bankruptcy but i am surprised barclaycard,silver,my world excepted you..
Are you sure that bankruptcy has not come back to haunt you,like maybe it has popped up on their database somewhere..

Mmm yes this is why my credit cards are from card companies that search Equifax. My Equifax file is 100% spotless, the address at which my BR order and defaults were recorded against isn't linked and doesn't form part of my credit file any more as it's not my present or last address.

Unfortunately everything is linked and visible on my Experian file.

To be honest, if Barclaycard caught wind of my adverse they'd be writing to tell me "You aren't a customer any more, your card is repayment only, don't bother re-applying when it's clear"

The chap on the phone was adamant that the decision to reduce my limit was because of my credit balances elsewhere, not adverse information. I think the Insight / CAIS feeds that creditors get only contain information from your current address

BugsyBrowne

izools wrote: »

Mmm yes this is why my credit cards are from card companies that search Equifax. My Equifax file is 100% spotless, the address at which my BR order and defaults were recorded against isn't linked and doesn't form part of my credit file any more as it's not my present or last address.

Unfortunately everything is linked and visible on my Experian file.

To be honest, if Barclaycard caught wind of my adverse they'd be writing to tell me "You aren't a customer any more, your card is repayment only, don't bother re-applying when it's clear"

The chap on the phone was adamant that the decision to reduce my limit was because of my credit balances elsewhere, not adverse information. I think the Insight / CAIS feeds that creditors get only contain information from your current address [/QUOTE

Lol least you have a couple of good cards..

seeya23

good evening to all had a hard day at work

Bosie

Evening everyone, on Experian my credit ratio says I'm using just 9%, now that is low, but the fact I have a lot of available credit can this be bad too? As mentioned before Vanquis has given me another thousand, then Choice catalogue have now increased my limit up to £2,300 and so have GUS. No way will I use these limits......

BugsyBrowne

Bosie wrote: »

Evening everyone, on Experian my credit ratio says I'm using just 9%, now that is low, but the fact I have a lot of available credit can this be bad too? As mentioned before Vanquis has given me another thousand, then Choice catalogue have now increased my limit up to £2,300 and so have GUS. No way will I use these limits......

Bosie have you tried any of sygma cards..

kilasuit

Bosie Check your sig as it clearly states the Choice has given you a £2,3000 limit

HA

Bosie

star-fire wrote: »

Bosie have you tried any of sygma 50%cards..

I haven't no, I read on here some time ago Sygma put CIFA's on files easily so put me off! My hubby has applied, but his credit is at around the 50% ratio. He got a standard we'll be in touch, he has nothing adverse at all, mind you he applied after office hours.