The Sub Prime Credit Thread - Part V

onefortheroad_2

stuartmck wrote: »

Would they have still reduced my limit to zero yes & then charged me for being over limit? no

see reply in quote

annettetabs

Hi everyone,

Just thought I would let you all know, I have just received my new Capital One Progress Mastercard with a £300 limit. I have a 3 year old CCJ, 4 defaults all over a year old, honestly didn't think i stood a chance, i am a housewife too in private rented accomodation. Oh! and also have managed to open a full Halifax Current Account with debit cards and cheque book and £250 overdraft limit! :j

onefortheroad_2

annettetabs wrote: »

Hi everyone,

Just thought I would let you all know, I have just received my new Capital One Progress Mastercard with a £300 limit. I have a 3 year old CCJ, 4 defaults all over a year old, honestly didn't think i stood a chance, i am a housewife too in private rented accomodation. Oh! and also have managed to open a full Halifax Current Account with debit cards and cheque book and £250 overdraft limit! :j

well done :beer:

wizzywig27

onefortheroad wrote: »

worked on sap most of my life
http://www.sap.com/index.epx

I use SAP for a small part of my job, its the most ugly looking, tiresome system in recent memory!

holl3

Hi every1,
have only just found this thread and it is fab! nice to hear some positivity!! can anyone clarify for me please how far tesco go back with searches etc for ccj's defaults.... i it three years or have i misunderstood?

thanks

BugsyBrowne

holl3 wrote: »

Hi every1,
have only just found this thread and it is fab! nice to hear some positivity!! can anyone clarify for me please how far tesco go back with searches etc for ccj's defaults.... i it three years or have i misunderstood?

thanks

You are looking at the wrong cards mate especially tesco,you need to be looking for a sub-prime card like capital one classic or vanquis.

holl3

oh right.. i thought they only looked back 3 years?think i have misundertood previous posts. partner has a 4 yr old ccj and 1 3 yr old default. we would like a credit card for emergency use...suggestions would be greatly appreciated. wrks full time and earns £25k+

thanks

BugsyBrowne

holl3 wrote: »

oh right.. i thought they only looked back 3 years?think i have misundertood previous posts. partner has a 4 yr old ccj and 1 3 yr old default. we would like a credit card for emergency use...suggestions would be greatly appreciated. wrks full time and earns £25k+

thanks

You need to explain your situation a bit more,how many credit cards do you have ,the balance,missed payments e.t.c

holl3

sorry, im not very good at this
1 card- £370 outstanding, 1 late payment in thelast 6 months
1 loan - £3278 outstanding 0 late/miss payments

thats it, thanks

Zack1

holl3 wrote: »

sorry, im not very good at this
1 card- £370 outstanding, 1 late payment in thelast 6 months
1 loan - £3278 outstanding 0 late/miss payments

thats it, thanks

If you've missed a payment in the last 6 months it'll make it harder - they want to see you consistently pay on time. As star-fire says, Capital One and Vanquis are worth a try but that may be it with missed payment

Also you say emergency use, what kind of limit are you wanting? If you get accepted for a sub-prime card you probably won't be getting a substantial one at first, if at all. The 25k wage helps, but you still need to have a very good record to access their top cards