The Sub Prime Credit Thread - Part V

Kyresa

Russe11 wrote: »

what was the time scale between getting the vanquis and barclay card please?

Judging by the posters postings (click poster name then view previous posts) I'd say they had Vanquis for about 2 years.

iwantoneplease

izools wrote: »

I would suggest the MyWorld card. Oh. Wait. SSL errors. Hmm...

Just wanted to say Thank You, I've just been accepted for Maximiles as the MyWorld site isn't working....

Vanquis now heading for the bin, but not till I've rang them to cancel as they wouldn't lower my apr or increase my limit last week, now I've got both.

izools

iwantoneplease wrote: »

Just wanted to say Thank You, I've just been accepted for Maximiles as the MyWorld site isn't working....

Vanquis now heading for the bin, but not till I've rang them to cancel as they wouldn't lower my apr or increase my limit last week, now I've got both.

Excellent well done! :beer:

Finally being rid of Vanquis is a great feeling to have, eh?

DizzleUK

Russe11 wrote: »

what was the time scale between getting the vanquis and barclay card please?

Brief summary of my story....

Got Vanquis in May 2009 with £250 limit. At that point there were 2 defaults and 2 CCJs on my file along with a handful of late payments.

Got a Capital One card in August 2010 (after applying every 6 months without success) with a £100 limit.

Vanquis upped my limit to £500 the month after all the defaults and CCJs disappeared from my files (around late August 2010)

Aqua (again after multiple applications) accepted me with £750 two weeks ago.

Barclaycard accepted me with £1200 last night. I believe this is due to my going a whole year with no missed payments on any credit account (was only my mobile contract that I had had trouble with).

Sygma still don't want to know me, nor do any other mainstream lender. I'll give that another year.

I now plan to consolidate my 4 credit cards by getting rid of Vanquis and Capital One (I would prefer to stay with Cap 1 but with a £100 limit it's pointless). I'll keep Aqua with nothing on it for emergencies (car repairs mainly as I can't be without a car for work).

The Barclaycard will be my main card which I will transfer Vanquis onto and use it for every day purchases.

I also bank with Barclays.

BugsyBrowne

DizzleUK wrote: »

Brief summary of my story....

Got Vanquis in May 2009 with £250 limit. At that point there were 2 defaults and 2 CCJs on my file along with a handful of late payments.

Got a Capital One card in August 2010 (after applying every 6 months without success) with a £100 limit.

Vanquis upped my limit to £500 the month after all the defaults and CCJs disappeared from my files (around late August 2010)

Aqua (again after multiple applications) accepted me with £750 two weeks ago.

Barclaycard accepted me with £1200 last night. I believe this is due to my going a whole year with no missed payments on any credit account (was only my mobile contract that I had had trouble with).

Sygma still don't want to know me, nor do any other mainstream lender. I'll give that another year.

I now plan to consolidate my 4 credit cards by getting rid of Vanquis and Capital One (I would prefer to stay with Cap 1 but with a £100 limit it's pointless). I'll keep Aqua with nothing on it for emergencies (car repairs mainly as I can't be without a car for work).

The Barclaycard will be my main card which I will transfer Vanquis onto and use it for every day purchases.

I also bank with Barclays.

After a year apply for one of barclaycards other cards.

DizzleUK

star-fire wrote: »

After a year apply for one of barclaycards other cards.

That's the masterplan!

Kyresa

star-fire wrote: »

Right I am leaving moneysaving expert for a year,its been a pleasure,my advice has been legendary,I know I have taught and give my expertise advice to many of you.
Without me on here for a while many moneysaving members will struggle without my advice,I can't keep carrying you all no more,but you will get there in the end.

Regards Sir Star-Fire......

star-fire wrote: »

After a year apply for one of barclaycards other cards.

So much for leaving for a year then :wall:

yenool

I was rejected for an aqua card and a standard bank account with crapwest this week. (I currently have a step account that has been open and running since 2002!).

I also have a crapone and vanquis card that have been running perfectly for a year, but I also have many old defaults from 2007/2008 on my file.

I am returning to study as a mature student later in the year and I was hoping to qualify for full account now which I could then switch to a student account later on. (because of the lfree overdraft and other freebies on offer)......... am I in fantasy land with that idea?

I don't actually need a full account with any credit, I'm just trying to rebuild with the idea of having a clean history when I graduate in 4 years time.

izools

Does the step account appear on your credit file?

yenool

izools wrote: »

Does the step account appear on your credit file?

Yes it does, well certainly on the online equifax version. Listed under credit agreements as 'current account from natwest bank current accounts'.

Credit limit is listed as 0 though, since I obviously don't have an O/D.