Vanquis credit cards

shelly1965

Since my BR 2011, I cannot believe it is over two years ago and the best thing i could have done in my circumstances.

After discharge after a year, i applied for a VC which came through the post. The starting credit limit was £500. After about 6-8 months it has now gone up to a £1,000.

People do complain and genuinely may have good reason to, but in my experience they have been absolutely great. It has given me so much more incentive to repay in full every time i get my bill statement through and have never defaulted, why? because i am extremely lucky to have this chance to build up my credit limit and repair it as much as i can.
The APR can be 100 % each month, i am not worried because i pay it in full so no expense for me.

Some people who have come out of BR want lower Apr's i have read it so many times, i would have warning bells at that situation, basically because lower APR means you would probably not pay it of in full and start the spiral again.

A lot of people diss Vanquis, but i am so happy to be able to re build my life and remain debt free for the time i have left :beer:
My life has got better and better and i just want to thank everyone who helped me in those dark times :T

philnicandevan

True they can be useful...BUT step out of line once with em & they can turn into a persons worse nightmare in a heartbeat

chunx

shelly1965 wrote: »

Since my BR 2011, I cannot believe it is over two years ago and the best thing i could have done in my circumstances.

After discharge after a year, i applied for a VC which came through the post. The starting credit limit was £500. After about 6-8 months it has now gone up to a £1,000.

People do complain and genuinely may have good reason to, but in my experience they have been absolutely great. It has given me so much more incentive to repay in full every time i get my bill statement through and have never defaulted, why? because i am extremely lucky to have this chance to build up my credit limit and repair it as much as i can.
The APR can be 100 % each month, i am not worried because i pay it in full so no expense for me.

Some people who have come out of BR want lower Apr's i have read it so many times, i would have warning bells at that situation, basically because lower APR means you would probably not pay it of in full and start the spiral again.

A lot of people diss Vanquis, but i am so happy to be able to re build my life and remain debt free for the time i have left :beer:
My life has got better and better and i just want to thank everyone who helped me in those dark times :T

Well said! :beer:

Again, Vanquis have helped me where prime card and banks (who I had an existent relationship) have turned their back on me - so I agree, thank you Vanquis.

shelly1965

philnicandevan wrote: »

True they can be useful...BUT step out of line once with em & they can turn into a persons worse nightmare in a heartbeat

Thanks but i have no intention of going out of line, one thing going BR isnt a easy fix so i can do the same again. On the contrary as many have stated it is a new start. I never thought for a minute i would be accepted, but i have kept good working order with my banking, have a club book, run two contracts on mobile phones, never defaulted. Credit where credits due, but i do take your point