Electrocal Roll / CC

patrick1982

Maybe some guys read my "way to credit"

So i pulled my exp/eq/trans

again and 2/3 have my registration for the EC, my Santander Accounts show up as well.

What would be the next step. My Accounts show of course 0 balance. And i have the credit builder posting with on time payments.

What would u guys suggest (Experian is the only one that doesnt report my EC yet)

boo_star

What's "the credit builder?"

patrick1982

I use cashplus's credit builder tool, they report my 5ish pound per month to the bureau's

boo_star

patrick1982 wrote: »

I use cashplus's credit builder tool, they report my 5ish pound per month to the bureau's

Oh, that's not going to help much, if at all.

I'd get a credit card as soon as you can.

patrick1982

i tried all bad credit cards and they all denied me.

Capital One i tried, Aquis etc.

Unless there is one that accept me with almost no history ?

So the only one i could think of is to build a file are these credit builder programs

[Deleted User]

Waste of time.

Something else is amiss here if you can’t get accepted by Capital One, Aqua or Vanquis (not Aquis, who is one of Vanquis’ many credit card names).

What’s your full history?

Willing2Learn

@patrick1982

How long have you been living at your current address?

When did you update your address on the Electoral Register?

patrick1982

living @ at that address since 2005ish......

but recently learned about the EC so registered since July.

Of course except my bank accounts with Monzo & Santander nothing is reporting.

Capital One always gives me an error "Your score is too low" (yes someone said they dont look at your score but thats the error i'm getting.

patrick1982

!!! wrote: »

Waste of time.

Something else is amiss here if you can’t get accepted by Capital One, Aqua or Vanquis (not Aquis, who is one of Vanquis’ many credit card names).

What’s your full history?

actually when i was doing the credit builder i was getting a credit file before they couldnt even give me my record, so it wasnt a waste of time it's a good way for people who have nothing........

boo_star

patrick1982 wrote: »

actually when i was doing the credit builder i was getting a credit file before they couldnt even give me my record, so it wasnt a waste of time it's a good way for people who have nothing........

It'll be disregarded by lenders because it's a gimmick, it's not real lending.

Willing2Learn

patrick1982 wrote: »

living @ at that address since 2005ish......

but recently learned about the EC so registered since July...

Being on the Electoral Register is vital. Once you have been on the ER for a year then you should try again for a credit builder card. I am assuming that the address registered on the ER is exactly the same address used for your credit accounts.