The Sub Prime Credit Thread - Part V

sutton111

never-in-doubt wrote: »

Thanks mate - is your Lloyds/HSBC a CGC?

Nope niether. I want one though!! HSBC first do you think?

sutton111

When do HSBC update their Behavioural score? IS it at the beginning of the month?

Innocent_Guy

sutton111 wrote: »

When do HSBC update their Behavioural score? IS it at the beginning of the month?

First Monday of the month matey :beer:

izools

Thanks for that Sutton, quite a smart looking card. Kinda looks like it would go nicely along side a Sygma Accessory card

Well, next April at the earliest for me. Niddy; how long do you have to wait before re-applying to HSBC? I last applied in Feb. But will give it until next April anyway as that's when all my adverse becomes 36+ months old.

As regards to the arrears I mentioned earlier, doesn't seem like it'll be much trouble for HSBC as my OH, who was instantly approved for the HSBC current account online today, has had an AP marker and a couple months arrears on an old Littlewoods account at the end of 2008 (closed in 2009). So....

Just gotta wait until April now

never-in-doubt

sutton111 wrote: »

When do HSBC update their Behavioural score? IS it at the beginning of the month?

but you have NO score until 6 months of holding an account so do not apply for anything until at least then! :beer:

never-in-doubt

izools wrote: »

Well, next April at the earliest for me. Niddy; how long do you have to wait before re-applying to HSBC? I last applied in Feb. But will give it until next April anyway as that's when all my adverse becomes 36+ months old.

Go for it next april matey - you'll be fine. You need to wait at least 9 months if you apply unsuccessfully for their credit card, but otherwise for all other products it is 6 months mate.

never-in-doubt

Innocent_Guy wrote: »

First Monday of the month matey :beer:

Indeed it is, so always safest bet to leave a few grand in there - they update the CRA's around the same time, and this shows overdrawn balances and the min payment etc made so always best to pay several £10 payments throughout the month to the card, to get a better outlook as it shows you paid more than the minimum....

simax

sutton111 wrote: »

You should get a personal banker to ring lending up and appeal.

I recently opened a Silver account, regretting it now tbh. I'm sticking with HSBC.

I rang them up today and asked if I could upgrade to Gold and was told politely to "get knotted". I asked about appealing the decision or speaking to a manager and was told (and this is ad-verbatim);

"Look, it's credit scored, we don't care if you don't want an overdraft or chequebook, it's still credit scored and you don't qualify, and there's no point speaking to anyone else as it won't change."

I suggested that maybe they'd be better off without me as a customer as I'm obviously not "prime meat" so's to speak.

"Well, thats your perogative Sir...."

I really feel like calling their bluff and going elsewhere. Gonna have a beer an think about it....

Cretins.

sutton111

never-in-doubt wrote: »

but you have NO score until 6 months of holding an account so do not apply for anything until at least then! :beer:

What about a CGC? Will that be 6 months too? I wouldn't use the damn thing, but i really want one before you can't use them anymore lol

So it's 6 months from the date you've opened for a CC or loan with them?

izools

simax wrote: »

I rang them up today and asked if I could upgrade to Gold and was told politely to "get knotted". I asked about appealing the decision or speaking to a manager and was told (and this is ad-verbatim);

"Look, it's credit scored, we don't care if you don't want an overdraft or chequebook, it's still credit scored and you don't qualify, and there's no point speaking to anyone else as it won't change."

I suggested that maybe they'd be better off without me as a customer as I'm obviously not "prime meat" so's to speak.

"Well, thats your perogative Sir...."

I really feel like calling their bluff and going elsewhere. Gonna have a beer an think about it....

Cretins.

The only thing keeping me with them is HSBC keep saying no As soon as they say "Yey" I'm giving them the two finger salute