The Sub Prime Credit Thread - Part VI

dominic7il

izools wrote: »

These are very recent.

They'll likely need to be three years old at least before Barclaycard will even consider you for their basic card.

Capital One should be a little more lenient, but still just one year is a very very short time to have passed.

Just rang up Capital One to check on the status - good news they told me that I'd been accepted! The guy I spoke to advised me that it had been accepted with a £1000 provisional limit, I'm a bit unclear as to whether that means I will have a £1000 limit or whether it's a kind of wait and see; any ideas?

In any case I'm really shocked that I've been accepted given that it was only a couple of months ago I got denied their secured card. Could be it's because my salary has recently increased by 150%.

Anyway wahoo :j

Can finally move away from Vanquis.

Hunterz1_2

Creation are taking the ****. Applied last wensday, early morning, phoned today, they said underwriters are still looking/processing the application. Hurry the hell up, it's like they are working in the flintstones era. I do not believe they are busy with dealing with a vast amount applications.

I do not believe they are as popular, or get as much applications such as CAP1, NW, Barclays.... GRRRRRRRRRRRRRRRR :@

Hunterz1_2

dominic7il wrote: »

Just rang up Capital One to check on the status - good news they told me that I'd been accepted! The guy I spoke to advised me that it had been accepted with a £1000 provisional limit, I'm a bit unclear as to whether that means I will have a £1000 limit or whether it's a kind of wait and see; any ideas?

In any case I'm really shocked that I've been accepted given that it was only a couple of months ago I got denied their secured card. Could be it's because my salary has recently increased by 150%.

Anyway wahoo :j

Can finally move away from Vanquis.

what's your APR, and what card did you apply for?

dominic7il

Hunterz1 wrote: »

what's your APR, and what card did you apply for?

I applied for the Classic MasterCard - usual 34% APR.

stclair

stclair wrote: »

Ive just checked my Equifax credit report and they have done some searches.

Ill check again tomorrow and check to see if they do any additional checks :eek:

Just an update I've been accepted today for the Marriott card with a 2k limit.

My application was referred due to multiple applications in a short space of time as I'd only applied and been accepted for the asda card with a 1.5 limit two days before.

guesswho2000

Got the paperwork through for the Aqua Reward today, had 250 in the bottom line so I assume that's my limit! Last time I had a limit that small was when I was 18! Not to worry though, mid month payments will clear it and 3% cashback well worth the hassle!

I've said this before but need to lay off the applications for a while now I think!

ejc81

dominic7il wrote: »

Just rang up Capital One to check on the status - good news they told me that I'd been accepted! The guy I spoke to advised me that it had been accepted with a £1000 provisional limit, I'm a bit unclear as to whether that means I will have a £1000 limit or whether it's a kind of wait and see; any ideas?

OH and I both got £1000 at 34.9% so that may be there standard

dominic7il

ejc81 wrote: »

OH and I both got £1000 at 34.9% so that may be there standard

May I ask is that a "provisional limit" or have you received the card already?

Does anyone know whether provisional limits change often?

dominic7il

dominic7il wrote: »

May I ask is that a "provisional limit" or have you received the card already?

Does anyone know whether provisional limits change often?

Bump.......................

ElkyElky

dominic7il wrote: »

May I ask is that a "provisional limit" or have you received the card already?

Does anyone know whether provisional limits change often?

If they've quoted you an actual figure then chances are that's what your limit will be, despite them calling it a 'provisional limit'.