creditbuilder with a cashplus prepaid gold MasterCard

Options
sunee
sunee Posts: 9 Forumite
First Post
in Credit cards
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

Comments

  • compulsivespender79
    compulsivespender79 Posts: 324 Forumite
    Options
    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
  • PROLIANT
    PROLIANT Posts: 6,396 Forumite
    Combo Breaker First Post
    Options
    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_BILL
    KILL_BILL Posts: 2,183 Forumite
    Options
    i dont think that there is a gurantee that this will iimprove your creit rating at all
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.5K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.7K Work, Benefits & Business
  • 608.6K Mortgages, Homes & Bills
  • 173.2K Life & Family
  • 248.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards