Monument Visa

Lula-Hula

Hi proliant,

just thought I'd drop in to give you an update on my situation :

Checked out my credit score & was stunned to discover it appears to be good. Feeling optimistic I thought I'd apply for the virgin 0 % balance transfer card with a view to ditching the 29.9% apr barclaycard:D .

I got turned down but they suggested I apply for aqa with an interest rate of 34 % :eek:. That's the highest I've ever come across & needless to say I'm now looking at my Barclaycard with a renewed fondness;) .

Think I'm just gonna hope I dont have any emergencies in the next couple of years & get on with snowballing in interest & balance order from now on.

Ho hum, nothing ventured, nothing gained ... Lula

kirstymccr

Proliant
Have you received your card yet? I contacted them at start of week to ask about application but they advised they couldnt check but they said if it was approved online then it would be coming my way soon

PROLIANT

kirstymccr wrote: »

Proliant
Have you received your card yet? I contacted them at start of week to ask about application but they advised they couldnt check but they said if it was approved online then it would be coming my way soon

That's exactly what they told me too, I will ring them on thursday next week then that has given them over two weeks to sort it out.

kirstymccr

i applied the friday so we'll wait and see. Let me know when yours arrives as mine should be the day after! Wondering what the credit limit will be....

PROLIANT

kirstymccr wrote: »

i applied the friday so we'll wait and see. Let me know when yours arrives as mine should be the day after! Wondering what the credit limit will be....

Given my credit rating my limit will be around a tenner or so! :rotfl:

PROLIANT

Just a quick update, Monument Visa are currently charging 29.9% APR on their credit card, lower than some of the MBNA family of cards, just in case anyone is interested. Oh and just to reiterate that they check your credit record with Call Credit only.

andyauk

PROLIANT wrote: »

Given my credit rating my limit will be around a tenner or so! :rotfl:

Just been looking at the Monument Website and in the features bit it says

Amount of credit

Minimum credit limit £500 Maximum credit limit £750 subject to status


I am also trying to rebuild my credit history and have a vanquis card which I pay off in full each month should I apply for a second card and would that rebuild my credit more quickly instead of just 1 card thanks

PROLIANT

andyauk wrote: »

Just been looking at the Monument Website and in the features bit it says
Amount of credit

Minimum credit limit £500 Maximum credit limit £750 subject to status


I am also trying to rebuild my credit history and have a vanquis card which I pay off in full each month should I apply for a second card and would that rebuild my credit more quickly instead of just 1 card thanks

Get as much credit as you can safley afford mate, pay it off and watch your credit rating grow. Good Luck.

dannynixon

I have just been declined a card from these people. Haha, things must be worse than I thought.

I need to build up my credit score to be honest and I obviously cannot get accepted for a 29.9% apr visa. I read somewhere there was some sort of 'credit card' which had no credit facility. You topped it up with your own cash and spent it as you please. This would be good for saving for xmas. The company charge you £4.50 a month for using their service but after a year, it goes on your credit file as a 12 month loan and providing i make the 4.50 payment every month, this will only cost £54 for the year and will help people like me build a credit score when there is no more hope.

I would love to do this but for the life of me, cannot remember what the card is called.

If anyone knows, let me know and could you PM me because I will probably forget to check this thread again.

Dan

skyrider007

DannyNixon,

The card is called CashPlus with Credit Builder facility.

https://www.mycashplus.co.uk
http://www.mycashplus.co.uk/about-cashplus-prepaid-cards/creditbuilder.aspx

Good luck!