The Sub Prime Credit Thread - Part V

KingElvis

ElkyElky wrote: »

I don't want it, it sucks and I wouldn't pay 1p it for let alone £1.79.

Take your app and fu*k off else where.

Class, love it :rotfl:

BugsyBrowne

ElkyElky wrote: »

I don't want it, it sucks and I wouldn't pay 1p it for let alone £1.79.

Take your app and fu*k off else where.

:rotfl: :rotfl:

tigerlily44

star-fire wrote: »

:rotfl: :rotfl:

Love the way this post meanders...:rotfl:

tiger

Order_of_the_Arrow

Ok guys, got a question. Every time I have applied for a credit card my application has been referred (all except Capital one, auto accept). Now, I am self employed and have been for the past 11 years. Is this the reason I always get referred?? Everything else is fine.

BugsyBrowne

Order_of_the_Arrow wrote: »

Ok guys, got a question. Every time I have applied for a credit card my application has been referred (all except Capital one, auto accept). Now, I am self employed and have been for the past 11 years. Is this the reason I always get referred?? Everything else is fine.

NO if your credit report is good/excellent it will not normally be referred,if its a bit like a dogs dinner it would.

Order_of_the_Arrow

I can guarantee you Star-Fire my credit report is not 'A Dogs Dinner'. It is all 'hunky dory'. There are no bad marks on my file.

BugsyBrowne

Order_of_the_Arrow wrote: »

I can guarantee you Star-Fire my credit report is not 'A Dogs Dinner'. It is all 'hunky dory'. There are no bad marks on my file.

I was saying in general,what card have you had referred?

Also its very unusual for someone with a hunky dory credit report to ask a question on a sub-prime thread if you get my drift:D

Order_of_the_Arrow

Fully understand the question.

I have been self employed for the last 11 years working all my life within the licensed trade. As such I have not been on the electoral role for years and years and until recently all financial obligation/business finances were all in my wife's name. Having had a a slight career change we got a house (rented), I went on electoral roll, got my own current account applied for a Cap One card (auto accept), applied for Aqua (referred - accepted), Barclaycard Initial (referred - declined). Aqua and Barclaycard were both referred....why, as Cap One 'auto accepted'. It just seems strange that's all. Can I also just point out that the Barclaycard Initial was the first card I applied for.

Basically I've had to start from scratch as I, personally, had no credit history!!!

Hope this makes sense.

ElkyElky

Order_of_the_Arrow wrote: »

Basically I've had to start from scratch as I, personally, had no credit history!!!

Hope this makes sense.

There you have it. Lack of credit history is a major problem (so your credit file won't be 'hunky dory'), lenders won't know whether you are a safe bet. When your application is referred, that means the computer cannot make a decision due to the lack of information and must pass it to a human to decide your fate.

sharon-lalala

Hi guys

Havnt posted for quite some time but wanted to update you.
After 2 yrs of sub prime & battling with
Cap1-£300 limit
MBNA-£500 limit
Flybe-3K

Just got accepepted for Halifax all in one card 15.9%
http://www.halifax.co.uk/creditcards/allinone_ros.asp

2 defaults 2005
1 CCJ satisfied 2006 comes 0ff file in April

Declined post office CC, Barclaycard and Tesco

Hope this helps