Sub Prime Credit Card Club

emmy05

evening, have we all had a day known as 'having a life' today? lol :j :T

darcyvuqua

hey emmy i luv your signature!! its so bloody true

ICan'tStandIt

PROLIANT wrote: »

Nothing much just credit card speak, changes to how they can take your card off you and cancelyour account without good reason etc, they do seem to be locking down the hatches though, they dont seem to want any business at the moment, guess I will have to wait and see. :rolleyes:

That's some good news at least that your APR won't be changing.

The thing is with Monument is that they're a tiny fish in a pretty big pond and Barclays did nothing to grow the business really after they bought it from Providian.

It's such bad timing for Compu Credit to be trying to grow a credit card business right now, without leaving them open to some really big risks.

emmy05

hiya darcy hun, how ya diddlin? lol
ive been having some mild panic attacks over the fact of xmas not being too far away now, lol so im actually drawing up lists as this is one year im going to have to do it early, and make sure i stick to it too.

PROLIANT

ICan'tStandIt wrote: »

That's some good news at least that your APR won't be changing.

The thing is with Monument is that they're a tiny fish in a pretty big pond and Barclays did nothing to grow the business really after they bought it from Providian.

It's such bad timing for Compu Credit to be trying to grow a credit card business right now, without leaving them open to some really big risks.

Yes I agree, speaking to a lass at Monument today and she educated me on how they are actually setup, Compu credit play a part in the credit card in that they process card transactions on behalf of Raphael’s Bank, it is Raphael’s who loan the money or something like that, I will stay with them for as long as they let me and we shall see what happens when we come out of this "recession" that we are in at the moment.

Sammy_Girl

Darcy, I doubt it very much, unless you have very good reason. When was it issued? When was it settled? Who is it with? BG??

darcyvuqua

nah dvla i sold a car in feb and had a default in august 05 for no tax on my car how does that work when i sent them a change of owner!!!

they suck c0ck

ICan'tStandIt

PROLIANT wrote: »

Yes I agree, speaking to a lass at Monument today and she educated me on how they are actually setup, Compu credit play a part in the credit card in that they process card transactions on behalf of Raphael’s Bank, it is Raphael’s who loan the money or something like that, I will stay with them for as long as they let me and we shall see what happens when we come out of this "recession" that we are in at the moment.

Yes, it's rather ironic that one of the oldest investment banks in the country has their name as the issuing bank on the back of a sub-prime credit card

As long as they (Compu credit) can hold their nerve, I think that they will be ok. However I do think that they (well, all lenders really) should educate their customers much more about how credit works, what it actually entails and the consequences of not paying it back.

I've seen so many credit card accounts totally rinsed of their limits and when I've seen what the customer has been buying, it's very often been utter rubbish.

memyselfandi1980

Good morning. Hope you are all well.

I used to post in this thread a while ago, I've had no internet for a few months so haven't posted.

My Aqua card limit was increased the other day from £500 to £1000. I've only been paying the minimum monthly payment, and I made a late payment because they neglected to send me a statement.

Today will be my 4th statement from Capitalone, and my question for you guys and girls is, do they always increase credit limits on the forth statement?

doelani

memyselfandi1980 wrote: »

My Aqua card limit was increased the other day from £500 to £1000.

morning

can I ask how long you have had your aquacard?