Do I need a credit card for people with bad credit?

Tixy

BugsyBrowne wrote: »

My mate has been putting 40k down on credit card applications since he was about 20 years old and although he's bullsh*ted its hardly the crime of the century and he's got away with for 15 years.

Not saying I agree with it but the lender finding out is about 000.1%.

Certainly people can 'get away' with it, although I think if they applied for a mortgage they could come unstuck - and end up with National Hunter flgs and problems getting future credit.

aimzrabbit

Tixy wrote: »

Certainly people can 'get away' with it, although I think if they applied for a mortgage they could come unstuck - and end up with National Hunter flgs and problems getting future credit.

Tixy fully agree with you on this on a mortgage where the info ends up on a desk in front of a human eye underwriter

from my knowledge of Hunter it checks for incosistencies on electoral ie how long , adresses , number of card opens , multi applications , number of banks etc etc ,dates of birth

no way hunter can pick up salaries i mean my take home pay changes every month but i do agree with you that lieing anyhow is just wrong and sooner rather than later some due diligence will be done on an application might be a card issuer checking employer status or something

i think we will agree to agree hehe

Taucher

Well, I wont be putting false income on any applications - I'd be a nervous wreck waiting for the feds to crash my door.

Tixy wrote: »

Taucher - what is the APR on your current card? and the balance?

My current balance is £649.90 (credit limit is £1300; they increased it but I didn't request an increase it happened automatically). My 6 months 0% interest rate has ended so now APR is high - 24%. I want to change to Mastercard (cos of the Mastercard free events you can go to) on a 0% balance transfer for 6 months deal.

sharpy2010

Taucher wrote: »

Well, I wont be putting false income on any applications - I'd be a nervous wreck waiting for the feds to crash my door.

Blimey, as much as it might be naughty to misrepresent your salary, I don't think police from a different country will be overly interested in it!!!!

CKhalvashi

sharpy2010 wrote: »

Blimey, as much as it might be naughty to misrepresent your salary, I don't think police from a different country will be overly interested in it!!!!

Lol

You may be best off sticking with what you've got, although Aqua may accept you for cashback.

CK