Aqua / New Day Ltd

ICan'tStandIt

Does anyone know anything about these jokers?


For some reason they seem to think that their 49.9% APR should have me beating a path to their door!


The thing is that my credit score is pretty healthy (I think) as I don't use my overdraft, pay my other credit cards off each month and so the only outstanding debt is my mortgage. I have a Sainsbury's credit card and they just upped my limit without even asking and Bank of Scotland approved my application for the card where they offer 0% on purchases until May 2016!


Therefore I don't think I need Aqua's offer of starting my 'credit building journey' with them. It's as though they want me in debt.


I won't apply for it, but I'd be interested in knowing if anyone has any experiences of them eg. is it easy to find out who sold my details to them?


Thanks in advance.

[Deleted User]

Experian, probably.

Aquamania

ICan'tStandIt wrote: »

Does anyone know anything about these jokers?...

Yes lots!

Read my horrendous experience in the existing Aqua thread here:
https://forums.moneysavingexpert.com/discussion/4023451

They are best avoided.

ICan'tStandIt

Deleted_User wrote: »

Experian, probably.

Experian can sell your information?


Can that be opted out of?

Aquamania wrote: »

Yes lots!

Read my horrendous experience in the existing Aqua thread here:
https://forums.moneysavingexpert.com/discussion/4023451

They are best avoided.

Thanks, I'll take a look.

Fruit_and_Nut_Case

ICan'tStandIt wrote: »

Does anyone know anything about these jokers?

I also had one of their unmissable offers the other day. Also have no idea why I was targeted. Made sure I sent back all the paperwork with NO THANKS scrawled all over it.

Had to laugh at the envelope; big PRIORITY printed on the front but only second class postage.

ICan'tStandIt

Fruit_and_Nut_Case wrote: »

I also had one of their unmissable offers the other day. Also have no idea why I was targeted. Made sure I sent back all the paperwork with NO THANKS scrawled all over it.

Had to laugh at the envelope; big PRIORITY printed on the front but only second class postage.

I tend to include a few offers of my own before posting the envelope back...eg. flyers for the local Indian takeaway and so on

tanya2014

They are excellent and provide a good way of Credit Building
As with all Credit Cards unless you have a 0 % deal, the apr is irrelevant so long as you pay your balance in full each month within the allotted time and never ever take money out of the cash machine with them.

datlex

APRs are irrelevant if you pay your balance in full each month. 5% of £0 left after you have paid balance and 500% of £0 are both £0. If you do pay in full always look for what the card can give/earn you.


As for how they get details, the electoral is a source of information for many companies. The government sells our details on hence the full and edited registers.

ICan'tStandIt

tanya2014 wrote: »

They are excellent and provide a good way of Credit Building
As with all Credit Cards unless you have a 0 % deal, the apr is irrelevant so long as you pay your balance in full each month within the allotted time and never ever take money out of the cash machine with them.

That's partly my point as I don't see why they think my credit score needs help.