mainstream

hadahardyear

i was just wondering, out of curiousity, has anyone ever managed to get a card other than, cap one, aqua or vanquis, barclaycard , with a default on their file,

as in mainstream?

BugsyBrowne

hadahardyear wrote: »

i was just wondering, out of curiousity, has anyone ever managed to get a card other than, cap one, aqua or vanquis, barclaycard , with a default on their file,

as in mainstream?

Not 100% sure but is this not why sub-prime cards were introduced along with no credit history.
Many people get sygma(creation cards) with defaults, well they used to unless times have changed.

Personally I don't think people with defaults should be able to get mainstream cards, they should be made to be an example and get useless high interest cards until their default drops off.

skintdad

Worse than a default, I have a CCJ and got barclaycard gold visa (assume you mean the initial card in your post). As soon as CCJ was over 5 years old I did the pre-app checker on BC website as I wanted to apply for initial and it said 70-80% chance of gold, 80-90% initial.

Had that for 7 months, use and pay off in full every month, limit increased from £1k to £2k. Wanted mastercard so I applied for MBNA football card on Monday and was accepted instantly online. It told me APR would be 16.9% but said limit would be confirmed in email. 0% balance transfer for 12 months, 0% purchases for 3 months and 0% money transfer to current acc for 12 months. CCJ drops off in September so I was shocked to get a super balance transfer offer. I was expecting a higher APR as said could be 20.9% or 24.9% after credit scoring.

skintdad

BugsyBrowne wrote: »

Personally I don't think people with defaults should be able to get mainstream cards, they should be made to be an example and get useless high interest cards until their default drops off.

Thats a bit draconian. My circumstances have totally changed in the 5 and half years since my CCJ. For the last 3 years or so its been embarrassing checking into a hotel with friends and colleagues for stag do's etc and having to get them to present their credit cards as security as all I had was a Solo or Visa debit despite being on a pretty good wage. The effects of negatives on credit files are meant to dilute over time unfortunately some banks have a blanket ban on CCJs and defaults

I couldnt get Cap1, Vanquis or Aqua as had defaulted on Cap1, Provident and HBOS previously when I earned far less and was more interested in partying

hadahardyear

BugsyBrowne wrote: »

Not 100% sure but is this not why sub-prime cards were introduced along with no credit history.
Many people get sygma(creation cards) with defaults, well they used to unless times have changed.

Personally I don't think people with defaults should be able to get mainstream cards, they should be made to be an example and get useless high interest cards until their default drops off.

Well thats a bit harsh. People have defaults for all different reasons, not because they just didn't bother paying their bills

BugsyBrowne

hadahardyear wrote: »

Well thats a bit harsh. People have defaults for all different reasons, not because they just didn't bother paying their bills

Yes I agree, but how many people will happily open up the real reasons they defaulted on a public forum, not very many.

So the easy route out of it is the same old cliche you don't know the circumstances tale.

hadahardyear

i dont mind telling you the reasons behind mine but its not really relevant to the question.
I have paid everything off from my defaults, and have to wait until december till they all drop off.
its an awful long time to wait and be penalised for silly younger years

BugsyBrowne

hadahardyear wrote: »

i dont mind telling you the reasons behind mine but its not really relevant to the question.
I have paid everything off from my defaults, and have to wait until december till they all drop off.
its an awful long time to wait and be penalised for silly younger years

It is an awful long time to wait for a default even worse if its only a tiny amount.

hadahardyear

Yeah i know, tell me about it. Mine is only for £217.Thats the only one that's left. The others have either fallen off or I have had them removed.

I take you have never had any?

Bravehearted_2

That fact that you have had multiple defaults shows a trend of non-repayment -- regardless of what the circumstance or reason is.

I doubt age is really an excuse to break a credit agreement, so I'm inclined to support the bank's blanket ban on "defaultees".

Skintdad - a decent wage counts for nothing. There are people on 6 figures drowning in the stuff so you can see why the hotel or car hire company wouldn't care about your salary - which I'm also for by the way.

hadahardyear

Bravehearted wrote: »

That fact that you have had multiple defaults shows a trend of non-repayment -- regardless of what the circumstance or reason is.

I doubt age is really an excuse to break a credit agreement, so I'm inclined to support the bank's blanket ban on "defaultees".

Skintdad - a decent wage counts for nothing. There are people on 6 figures drowning in the stuff so you can see why the hotel or car hire company wouldn't care about your salary - which I'm also for by the way.

i had 3 in total, one was in error,
im not giving any excuses, thats not in relation to my mainpost