Sub Prime Credit Card Club

Tribulation

linton73 wrote: »

not sure why that last comment was needed darcy


ahh right tribulation hmmm i thought you'd got the 16.9 with 5k
my theory goes out of the window
btw did you get the 0% promtion for 6 months ?

That's a very good question.

The agreement leaflet specifies balance transfer APR's of

Tier A 16.9%
Tier B 19.9%
Tier C 24.9%

which is the same as the normal APR.

I presumed that as their web site said 0% for 6 months (and still does say this), I had been given 0% for 6 months and the APR in the leaflet was for if I did further transfers at a later date.

But after reading what people have said here, I'm not too sure.

Still, it's a much better rate than I was paying on Littlewoods.

darcyvuqua

just a thought guys i have had a look around is this the biggest thread on mse!!!!!

bet you did not think it would be this big when you started it mr p!!!!!!!

PROLIANT

darcyvuqua wrote: »

just a thought guys i have had a look around is this the biggest thread on mse!!!!!

bet you did not think it would be this big when you started it mr p!!!!!!!

I thought that it would be a good idea to pool information from people in similar circumstances in life, not only has this thread attracted some very helpfull people it has also made some good friends too, the information has been very helpful (most of the time:D ) and has addressed an issue that many would normally shy away from, it's all thanks to you guys who have made this thread what it is and of course to Martin Lewis for allowing use to use his Web Servers, at some point this thread will have to be locked as the ammount of information in it will exceed the Server's capcity, so a new thread will have to be started off at some point.

sharon-lalala

Youl have to do sub prime 2 or extra- so we will know where to go. How about sub prime 0% just to confuse!!!

athensgeorgia

Ok got a lazy question.

Just checked my experian and a default is showing on there, it says started 20/06/2002 default balance £68 satisfied defaulted on 1/5/2003 file updated 5/8/2007 does this mean it'll stay til 2009 or 2013?

264 pages is alot to check for this question iyswim:D

Btw Morning peeps

System

athensgeorgia wrote: »

Ok got a lazy question.

Just checked my experian and a default is showing on there, it says started 20/06/2002 default balance £68 satisfied defaulted on 1/5/2003 file updated 5/8/2007 does this mean it'll stay til 2009 or 2013?

264 pages is alot to check for this question iyswim:D

Btw Morning peeps

The 'last updated' date is irrelevant to when the default clears.

The default should drop off 6 years after it is registered, so really it should be gone already.

See HERE.

Regards
UNDERGROUND

EDIT: Think I read your post wrong... If the default was registered on 1/5/03 then it's due to drop off 1/5/09

Dannydebt

Hi,
With the new 'Faster Payments' from the banks, how long does it take for a payment from my bank to my capital one card ?, its it the same day or does it take 3 - 4 days ?, and if so is payment by debit card online still the fastest method ?.

Thanks.

kpnut79

hello everyone,

Well as I had posted previously I thought I had been accepted for a Citibank current account well here is the update...... After applying and being told the paperwork was on its way, to sign and return with relevant documentation! So this I did, all original documentation mind you!! Several days later I received my documents back with a welcome letter telling me it was all being processed...Fine all was good....till saturday morning I receive a letter telling me I have been declined for an account...So you can imagine my face...wasn't a happy bunny!!!

Then today...I log into my online banking to see waht spare funds I have to put towards my Vanquis bill when it comes in cos I had to use the card to pay for MOT on car...which wasn't cheap with repairs also on saturday!!

Anyhow forgetting about that, to find I have some new offers, exactly the same as what I had gone into branch for about a fortnight ago to be declined but I didn't have an invite that time!!

So I applied for the current account...told me 'Congratulations you have been accepted for an Abbey account, on receipt of your signed paperwork your account will be opened' - Now do I believe these or do I wait for the 'No chance'

I then applied for the Abbey Zero card again I got refused last time! I didn't get an instant decline though... what I got was 'If successful your card will be issued on receipt of your signed documents'

So any advice would be welcome as I can't see how things can be that much different in the space of two weeks.....

beanyy

Does anyone have any views on whether the current ecomonic meltdown is going to affect those of us looking to apply to these sub prime cards? Do you think they are going to be less generous?

athensgeorgia

UNDERGROUND wrote: »

The 'last updated' date is irrelevant to when the default clears.

The default should drop off 6 years after it is registered, so really it should be gone already.

See HERE.

Regards
UNDERGROUND

EDIT: Think I read your post wrong... If the default was registered on 1/5/03 then it's due to drop off 1/5/09

Its ok i thought you had but i got what you meant anyway