An interesting read for anyone with Vanquis...

john1002

very interesting and a very good read to be fair in how the company operates, good to know what they are looking for in deciding credit limits and how they deal with higher limits and what they do to customers who dont use those limits.

Was surprised at low acceptance rates based on just this forum and others who say they got one, have one myself and very happy with service.

john

john

jon142

I don't see why this is such a surprise, i guess it just confirms what people think. if you don't use your credit limit they will lower it etc.

Vanquis know there market very well. they went from a making a loss in early 00's to making millions towards the end of 2010.

as soon as the downturn kicked in vanquis cashed in basicly.

john1002 wrote: »

very interesting and a very good read to be fair in how the company operates, good to know what they are looking for in deciding credit limits and how they deal with higher limits and what they do to customers who dont use those limits.

Was surprised at low acceptance rates based on just this forum and others who say they got one, have one myself and very happy with service.

john

john

jon142

I think this article deserves a bump to anyone who hasnt read it.