will capital one accept even though i defaulted on them

izools

I'd say you stand a pretty good chance from what you've mentioned - as long as you're registered to vote at your current address and haven't filed lots of credit related applications in the last six months.

lockeh

yeah I'm on the register, fingers crossed.

flexrider

JUst be carefull from what you had said from post just to recap

1600 santender o/d
1000 credit card

This can depending on the lenders crietra which is set differently from different lenders, The reason i mention this is because it may go against you for having too much credit already, But i dought it will just throught i'd let you know.

Flex

Simon7685

I defaulted with Capital One in 2004, they sold the debt on and this happened again and again going to different collection agencies. I finally managed to get a Vanquis Granite card back in June, followed by an Aqua card. I decided to try for a Capital One again in August, as there interest rates were more reasonable. They accepted me albeit with only a £200 limit. so yes you can get a Cap One card after defaulting previously, bizarre but there you go!

KILL_BILL

after my orginal post have now been accepted with aqua card - so things are going in right direction

KILL_BILL

actually i have reapplied to capital one just left it 3 months after my initial application and they have now accepted me. so will just hve 2 cards and no other to make my credit record better

Curr946

KILL_BILL wrote: »

Some years ago i had a capital one card which i defaulted on and they sold the debt off. have had a few letters from debt collectors

even though the default is still on my file when i have used the money supermarket credit checker it says that i have a 6/10 chance of getting a capital one credit card now

i applied for vanquis and they rejected me.

i have 3 defaults on my file at the present time

so if i apply for capital are they liekly to reject on the basis that they will check their records and found i have defaulted with them previously ?

if vanquis rejected you capital one will not touch you.

KILL_BILL

Curr946 wrote: »

if vanquis rejected you capital one will not touch you.

like i said i just got the capital one classic card..... its their sub prime credit card which is okay coz i plan to pay it off every month just like im doing on my aqua card

Curr946

ah right, cap one rates are lower (even on their sub prime card) than vanquis

boogiemaster

Vanquis accepted me for their credit card with an unpaid default although it is six years old next July so maybe that's the reason why?


I haven't applied for a Capital one again as I've not had my Vanquis for a month yet and don't think I will be accepted.

Once the default drops off next year my credit file is clean with over three years of payments and no late or missed payments.

So hopefully I should get out of the poor category and get a better score than 560 after paying over three years and having no defaults.