Why am I still sub-prime?!

Mr_Upset_2

izools wrote: »

My mother has never had difficulty getting credit declaring herself as Homemaker or Retired.

Just recently she was approved for a Barclaycard Simplicity at 7.9% APR with a £3,000 limit and an Ikea 0% for two years agreement, despite being "Unemployed".

Thinking about it, she's not been declined for anything for years... MBNA Platinum, Capital One 9.9% Card, Barclaycard Platinum Simplicity, Nationwide Loan, Ikea Loan, Saga Platinum, First Direct Bank Account and Credit card, etc etc etc. All fine.

wow will you and your family ever learn? :eek:

izools

Mr_Upset wrote: »

wow will you and your family ever learn? :eek:

I don't understand, my mother has never had credit problems and clears her cards in full each month... I only have one credit card now also which is cleared in full each month.

I have earned more from cashback and loyalty points than I've paid in interest in the last 12 months.

EDIT: I also have a Creation card sat in the back of a drawer with a £NIL balance in case of emergencies. Oooooh naughty me having a backup card for emergencies, how bad that is...

My mother has much more money in the bank that she borrowed from Ikano Credit Services, she only took out the 0% on her new kitchen so that her money can continue earning interest.

She also has a retirement income in excess of £20,000 and has no mortgage or rent to pay because she owns her home outright.

It's called savvy and profitable credit management. Perhaps you could take note and learn?

Are you of the misguided belief that just because we are able to obtain decent credit cards thanks to our excellent credit management that we max them out an only pay the minimum or something like that?

Bit rude don't you think?

Mr_Upset_2

iZools my sincere apologies. I didn't mean anything by it.

I read some of these boards and seen you was bankrupt. Maybe I misread but cannot seem to now find it so on that basis I am sorry.

No offence intended I was just gobsmacked that a BR person gives advice which in my era is like the alcoholic running the AA class.

I'm just not credit savvy which isn't a crime but I'm neither jealous or bothered by others cards I simply seek advice to a few specific questions

izools

Mr_Upset wrote: »

iZools my sincere apologies. I didn't mean anything by it.

I read some of these boards and seen you was bankrupt. Maybe I misread but cannot seem to now find it so on that basis I am sorry.

No offence intended I was just gobsmacked that a BR person gives advice which in my era is like the alcoholic running the AA class.

I'm just not credit savvy which isn't a crime but I'm neither jealous or bothered by others cards I simply seek advice to a few specific questions

Thank you, apology accepted. Pity about the PM

I understand it can be difficult accepting financial advice from someone who's been bankrpt, and understand your analogy - I guess we do live in an era now that accepts people can learn from their mistakes

Although having said that, someone who's battled with alcoholism and has worked hard to overcome this and remained sober for years is to my mind in a much better position to give advice on the subject and help others achieve the same than someone who's never gone through it?

Mr_Upset_2

izools wrote: »

I understand it can be difficult accepting financial advice from someone who's been bankrpt, and understand your analogy - I guess we do live in an era now that accepts people can learn from their mistakes

If this was financial advice as you say then I must ask for your consumer credit licence details otherwise I will have to report you.

Please clarify your CCL details so I can run it by the OFT as you cannot give financial advice on a forum or otherwise.

izools wrote: »

Although having said that, someone who's battled with alcoholism and has worked hard to overcome this and remained sober for years is to my mind in a much better position to give advice on the subject and help others achieve the same than someone who's never gone through it?

Absolutely disagree! Would you let a child abuser look after your sick child in hospital? No of course not, so why would you listen to a drunk, past or present? You wouldn't.

Would I take Financial Advice from a BR? Nope and nor should anyone thus the OFT bar BR's (past and present) from obtaining a CCL which they need to offer advice.

I can't believe you think it is justifiable to try and offer words of wisdom when you clearly don't have much of a clue :cool:

opinions4u

Mr_Upset wrote: »

If this was financial advice as you say then I must ask for your consumer credit licence details otherwise I will have to report you.

Please clarify your CCL details so I can run it by the OFT as you cannot give financial advice on a forum or otherwise.

Absolutely disagree! Would you let a child abuser look after your sick child in hospital? No of course not, so why would you listen to a drunk, past or present? You wouldn't.

Would I take Financial Advice from a BR? Nope and nor should anyone thus the OFT bar BR's (past and present) from obtaining a CCL which they need to offer advice.

I can't believe you think it is justifiable to try and offer words of wisdom when you clearly don't have much of a clue :cool:

May I suggest that you are an ignorant fool.

And the child abuse analogy is completely ridiculous.

Mr_Upset_2

opinions4u wrote: »

May I suggest that you are an ignorant fool.

Right, opinions vary

opinions4u wrote: »

And the child abuse analogy is completely ridiculous.

In your opinion.

droiderm

You may find that people who have had financial difficulties in the past learn very well from their mistakes.

That's two opinions that your a fool.

antrobus

Mr_Upset wrote: »

If this was financial advice as you say then I must ask for your consumer credit licence details otherwise I will have to report you.

Please clarify your CCL details so I can run it by the OFT as you cannot give financial advice on a forum or otherwise.
..

Err, the possession of a consumer credit licence is necessary if you wish to lend money or provide goods and services on credit etc; it doesn't allow you to give financial advice. For that you need authorisation from the FSA.

opinions4u wrote: »

May I suggest that you are an ignorant fool..

You might very well think that; I could not possibly comment.

Mr_Upset_2

antrobus wrote: »

Err, the possession of a consumer credit licence is necessary if you wish to lend money or provide goods and services on credit etc; it doesn't allow you to give financial advice. For that you need authorisation from the FSA.

Incorrect Sir. I suggest you check again. To give any advice on financial related products (including debt negotiation/management) you must be authorised by OFT.

FSA have nothing to do with that side of it. http://www.oft.gov.uk/OFTwork/credit-licensing/do-you-need/who-needs/#.USxv3RdE-xo