Have you re-applied successfully?

Andybez38

Interested to know if any of you have re-applied to an old creditor that was included on your bankruptcy petition. If so what was the outcome?

Round_The_Bend

Yes. Barclaycard said yes, American Express and First Direct said no; Amex for a credit card and FD to a new current account. Oddly, HSBC, who own First Direct, said yes to a credit card, with a pretty high limit. Obviously FD and HSBC are not so closely linked as they appear.

andyf1980

Barclaycard No, Vanquis No, Capital One, Yes

georgiasmum

how long after discharge did you reapply?

Round_The_Bend

georgiasmum wrote: »

how long after discharge did you reapply?

A month after everything had dropped off my credit reports (i.e. six years from date of bankruptcy).

My understanding is that Amex are totally unforgiving and that First Direct are similar. I don't think that other providers are quite so strict though.

During the six year period, I had credit cards with Vanquis and Aqua, neither of which were former creditors. I paid the cards off, in full, every month. I obtained the Vanquis after my bankruptcy had been discharged (i.e. one year from date of BR) and the Aqua one a few months after that, so that by the time the six years were up, I had a fairly lengthy 'positive' credit history.

alastairq

Amex, etc, also have other strict criteria..including, whether one is a high flying earner?

So refusal from them isn't anything to be concerned about, eh?

Round_The_Bend

alastairq wrote: »

Amex, etc, also have other strict criteria..including, whether one is a high flying earner?

So refusal from them isn't anything to be concerned about, eh?

Not sure about the 'high flying earner' bit; I certainly wasn't but do now earn quite a bit more than the national average. I wasn't too bothered anyway, as I simply got the MBNA Amex card.

I travel quite a bit, so was looking for one of each of the brands, plus a back-up card for Visa and Mastercard, in the event that one or more didn't work. The latter has happened a couple of times, both times when a credit card was required (i.e. car hire deposit) and car rental was essential.

So long as you're past the six years, have established a new positive credit history and your credit report is clear, you should be fine with obtaining a new, prime card. Certainly, based upon my experience, this has been the case, with MBNA, Lloyds, Halifax, HSBC and Barclaycard all saying yes and all with decent limits, not that I will be taking advantage of the latter .

wildheart83

Barclaycard were a creditor of mine, I went BR in 2010 and applied late last year and was accepted. Have just had the limit increased for the first time on the card too.

Andybez38

wildheart83 wrote: »

Barclaycard were a creditor of mine, I went BR in 2010 and applied late last year and was accepted. Have just had the limit increased for the first time on the card too.

I have since re applied to barclaycard, without success. The reason they gave was because i had owed them money in the past, in their letter. This has been weel past my bankruptcy (over 6 years) with no records of barclaycard on my files.