creditbuilder with a cashplus prepaid gold MasterCard

in Credit Cards
3 replies 1.5K views
suneesunee Forumite
9 Posts
First Post
hi there,
just saw the ad for this prepaid card

http://www.what-prepaid-card.co.uk/cashplus-credit-builder/cashplus-creditbuilder-card.html

which is supposed to help to improve the credit history for app. £5.00 a month.
does anyone use this?
can the loan of £50.00 really improve my credit history?
because i really need to improve mine....

cheers

Replies

  • Martin mentions this in his MSE email this week, have a look on the website homepage - seems ok, but only as a last resort

    cs
    LBM: 14.01.08 - Debt at 25.04.08: £7420.9
    25.06.10: 3200.00 :T I'm over half way there!!! :j
    'Spendaholics Anonymous' Thread Member No 1
    DMP Mutual Support Thread Member No 113
  • PROLIANTPROLIANT Forumite
    6.4K Posts
    1,000 Posts Combo Breaker
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    Ive just made the silly mistake of signing up for this, I got the card but cant get the credit builder, I dont have a passport or drivers licence for ID.
    Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.
  • KILL_BILLKILL_BILL Forumite
    2.2K Posts
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    i dont think that there is a gurantee that this will iimprove your creit rating at all
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