Sub Prime Credit Card Club

Whamy

Hey Darcy

MBNA was a good call mate thanks for all the info you posted. Can I just asked what made you apply in the first place I thought you were laying off the old apply button:rolleyes: .

Seems MBNA have only been offering this card for a couple of months now and it is directly aimed at people trying to build up some sort of payment history. I had my credit agreement arrive in the post today and the leaflet enclosed reads on the front
“CREDIT, GET IT ! BUILD IT ! ENJOY IT ! “:D

The card design is fairly similar to the one skyrider posted apart from the MBNA logo on the top right is a little different and no hologram logo on the front although this is just off the leaflet may well have the hologram on the front of the card when it arrives.

Agree with Sammy_Girl it can’t just be your credit file that’s looked at. Home land line must play a part and work telephone number and length of time with employer plus your current available credit and the percentage of which is used must all come into the mix.

Although I not a very active MSE user I enjoy reading all the post’s and following everyone’s progress and will help when I can.

Whamy

And maybe the number of searches in a 12 month period ey Mr P:rolleyes:

kiora

It would be very interesting to see in 6 months time how many of us who have been accepted for MBNA card actually get the "upgrade" to a better deal or will we be left with thiscard, as long as they remember to give us our £100 back.

TheAnalyst

So my paperwork did arrive today for the £100 MBNA deposit card.

It's clearly aimed at rebuilding credit, the paperwork/leaflet that comes states that.

i'm a little dissapointed in that my APR is 29.9% for purchases and cash withdrawls given that some people have been offered it at 19.9% however I do not plan to run up any interest on it if possible anyway.

£100 cheque in the post tomorrow morning.

:beer:

Sammy_Girl

Whamy wrote: »

Home land line must play a part and work telephone number and length of time with employer plus your current available credit and the percentage of which is used must all come into the mix.

Although I not a very active MSE user I enjoy reading all the post’s and following everyone’s progress and will help when I can.

Also they asked how much the monthly mortgage/rent payment was, and your annual income and household income, so I guess they see if proportianally you have enough available income?

All interesting stuff

darcyvuqua

Whamy wrote: »

Hey Darcy

MBNA was a good call mate thanks for all the info you posted. Can I just asked what made you apply in the first place I thought you were laying off the old apply button:rolleyes: .

Seems MBNA have only been offering this card for a couple of months now and it is directly aimed at people trying to build up some sort of payment history. I had my credit agreement arrive in the post today and the leaflet enclosed reads on the front
“CREDIT, GET IT ! BUILD IT ! ENJOY IT ! “:D

The card design is fairly similar to the one skyrider posted apart from the MBNA logo on the top right is a little different and no hologram logo on the front although this is just off the leaflet may well have the hologram on the front of the card when it arrives.

Agree with Sammy_Girl it can’t just be your credit file that’s looked at. Home land line must play a part and work telephone number and length of time with employer plus your current available credit and the percentage of which is used must all come into the mix.

Although I not a very active MSE user I enjoy reading all the post’s and following everyone’s progress and will help when I can.

no problem i was just browsing the net and i was just reseaching sub prime cards mbna kept coming up so i thought hhmmmmmmmmmm !!!!!! it i have not applied for a while so on i went to get an acceptence i thought it would help a few people out getting into the world of plastic so i posted hope it has helped a few people feeling better about themselves and not so much of a reject on the side looking in :j :beer:

smithja

does this MBNA card have a specific name?

Is there a website for it?

Just wondered.

Cheers


James

Sammy_Girl

Hi James,

If you're referring to the link for the MBNA card it is as follows:

https://wwwa.applyonlinenow.com/UKCCapp/Ctl/entry?sc=8cl38gs03_ost&mc=SME-AP-11111-15433

Good luck and let us kno whow you get on

spinningsheep

Just applied and was asked to call and speak to them Spoke to an underwriter who asked me no questions at all, and then said I had been declined, based on adverse information on my credit file from the past. I have no outstanding defaults at all, she said it was purely based on old information from the past, but she then said, it was 6 years from the date that any defaults were SATISFIED, not the date they were registered, that the info would no longer show up on my credit files. Is this right? Have they changed the rules? If so, thats me screwed for any new credit cards until Oct 2013.

darcyvuqua

i have a ccj and 2x defaults all satisfied from 4 years ago and i was approved from mbna so i think it may be luck of the draw!