The Sub Prime Credit Thread - Part V

DarkFallout

DizzleUK wrote: »

Just a quick update, Barclays have accepted me for a proper bank account with them :beer:. Got all the forms to sign and return today.

Bye bye A&L

I am a bit dissapointed by A&L. They refused to match my overdraft. Frankly speaking they refused to give me any O/D.

Their on-line banking does not appear very nice to me.

Therefore when I get my 100 pound cashback I suppose I will move again.

If anyone can tell me - is the cashback taxed or not?

Brian1966

sephrenia wrote: »

And what would this no obligation trial include?

Use in any way you see fit... push, pull, bite, nibble, hug, stroke the list is endless

kilasuit

RBS have removed their search from my equifax file.

3 more 2 go!

kilasuit

Also just closed A&L and Barclays.

sephrenia

Brian1966 wrote: »

Use in any way you see fit... push, pull, bite, nibble, hug, stroke the list is endless

Darn, that's a pretty good offer.

Unfortunately, we cannot process your application online and give you an instant decision. We shall write to you within 7-10 days letting you know the outcome of your application. In the meantime, do not make any further application as this may harm your chance of receiving credit with this organisation.

If you have any questions about your application, please PM us using the following reference:

'mindlikeasewer'

Kind Regards,
Sephrenia's Team

sephrenia

DarkFallout wrote: »

I am a bit dissapointed by A&L. They refused to match my overdraft. Frankly speaking they refused to give me any O/D.

Their on-line banking does not appear very nice to me.

Therefore when I get my 100 pound cashback I suppose I will move again.

If anyone can tell me - is the cashback taxed or not?

As far as I am aware it isn't but then, I'm still new to getting credit rather than laughed at so somebody else might contradict me there

Brian1966

sephrenia wrote: »

Darn, that's a pretty good offer.

Unfortunately, we cannot process your application online and give you an instant decision. We shall write to you within 7-10 days letting you know the outcome of your application. In the meantime, do not make any further application as this may harm your chance of receiving credit with this organisation.

If you have any questions about your application, please PM us using the following reference:

'mindlikeasewer'

Kind Regards,
Sephrenia's Team

Bloody hell!! Hope it's not a decline!!!
If so will send a detailed appeal, pictures, dimensions etc and if necessary will drive to head office in Leeds to plead my case.
In the meantime I'm off to bed to dream about cruising down the M621 with a 'hottie' sat on the backseat of my coach, waiting, hoping and munching seductively on a bar of Galaxy ;):p

DarkFallout

sephrenia wrote: »

As far as I am aware it isn't but then, I'm still new to getting credit rather than laughed at so somebody else might contradict me there

My 5 pound monthly cashback at Halifax is pretaxed at 20% rate for sure.

DizzleUK

I had their old offer a couple of years ago when it was £25 each for the recommend a friend thing. There was no tax taken from that so I doubt the £100 would be either.

However, if you do self assessment tax returns it may have to be declared. I'm not sure if it is classed as a gift or not, but it is not "interest" so not earned so not taxed (I think I just answered this question lol).

kilasuit

I believe its Tax free but please dont hold me to it