Simply Be

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Twisted_Cherry wrote: »

I am aware it 'will not be perfect' with history of the bankruptcy but I have cleaned up the file etc. I now have a history of good credit payments on there from a mobile phone contract - over 12 months of history and a Credit Union Loan!

I don't even need the account, I was hoping to secure one to help build up my credit rating further and to grab the discount codes they always give out!

A credit union loan & a mobile phone contract don't count towards a good credit history.

Twisted_Cherry

You-kip wrote: »

A credit union loan & a mobile phone contract don't count towards a good credit history.

Really, well that I didn't know! I have also recently got a Vanquis card, of course paying off each month, certainly not paying there interest!:eek:

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Twisted_Cherry wrote: »

Really, well that I didn't know! I have also recently got a Vanquis card, of course paying off each month, certainly not paying there interest!:eek:

A Vanquis card will certainly help towards your credit worthiness.

tinkerbell28

Twisted_Cherry wrote: »

Really, well that I didn't know! I have also recently got a Vanquis card, of course paying off each month, certainly not paying there interest!:eek:

A mobile phone contract will count towards your credit history, same with a credit union loan.

So look at this from the creditors shoes. You've only been free of debt and discharged, what 2 years?

You've got a phone contract, a loan, a high apr credit card (recently). Chances are you just look too bigger risk.

skylight

I opened a Simply Be account around a year after my BR and I now have a £2k limit (not used!!!!) I suspect therefore that because you owed them money when you went BR, they will not allow another credit account.

I also have a vanquis card and my BR will drop off my file next year so hoping for a better credit card.

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tinkerbell28 wrote: »

A mobile phone contract will count towards your credit history, same with a credit union loan.

So look at this from the creditors shoes. You've only been free of debt and discharged, what 2 years?

You've got a phone contract, a loan, a high apr credit card (recently). Chances are you just look too bigger risk.

All a mobile contract does is show up as a single data line of how you paid the last years bills and is not a credit agreement.

rizla_king

tinkerbell28 wrote: »

A mobile phone contract will count towards your credit history

Correct. They show in the credit account section, and a paid up contract is taken as a positive factor by many lenders.

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rizla_king wrote: »

Correct. They show in the credit account section, and a paid up contract is taken as a positive factor by many lenders.

A mobile phone will have very little effect counting towards someone's credit history compared to a credit card etc etc.

tinkerbell28

You-kip wrote: »

All a mobile contract does is show up as a single data line of how you paid the last years bills and is not a credit agreement.

Yes it is.

rizla_king

tinkerbell28 wrote: »

Yes it is.

At least, it is treated as one for the purposes of your credit report.