Former creditors

amstel2

Hello

My BR & defaults are due to drop off my CRA files in early March. About 6 months after going BR in 2008 i got a Vanquis card & Cashplus card with Credit Builder. About a yr later the Vanquis card was upgraded to a gold card & a year ago i got an Aquacard. All this was done to re-build my credit record.

I have also got my various insurances etc on monthly DD. I have never missed a payment on anything & managed my new credit responsibly

Due to some emergencies last year i do have a balance on the Vanquis & Aqua cards but i am paying them down with payments well above the minimum payment.

I was thinking when all the bad stuff falls off my files in March about applying for a mainstream cr card offering zeo % balance transfers. However, should i avoid applying to providers who are former creditors or providers linked to them as i believe they can still legally hold blacklists after the BR & defaults have dropped off CRA files. I don't want to chance un-successful cr searches on my files.

Thanks

Tixy

It seems to depend on the lenders, some are definitely to be avoided, even after the bankruptcy is no longer visible (Amex I think in particular). Other lenders seem far less bothered.

If you are intending to apply with a lender that was included in your bankruptcy it may be worth posting on the bankruptcy board to see if anyone on there has been accepted by that lender in the same situation.