Sub Prime Credit Card Club

sutton111

very quiet on here at the moment! Have you re booked your CBT?
I'm sick of Yorkshire bank already, i wanted a saving account they said they would open it and send me the stuff out that was 2 weeks ago and nowt idiots:mad: !! i want a bank account in my town i was thinking HSBC but i don't want to be declined and another search:eek: !!

purplecats1970

im still waiting for my monument card! 3 weeks and still not got it... its my first c/c since bankruptcy in 05!
im so eager to get it and feel part of the human world again lol... how are you all any one been throwin snowballs last couple days.. brrrr

purplecats1970

quick question for those of you who have fly be credit cards...
what were your credit ratings like and were ya on eleccy roll?
it says on F A Q u have to have clean credit history...
iv been rejected by cap 1 and vanquis and have 18 searches on my file grrrr
any advise
x

fairmorn308

evening all.

sammy did you ask cap 1 for a credit limit increase? how long u had the card with them for?

moyilla

Hi everyone,

Just thought I would update and let you know that I had a phone call today from Vanquis and guess what..........................

I got accepted :j :j

I can't believe it, thank you Proliant for your advice :beer:

Any of you guys who has this card got any advice on how I can use this card tomy advantage toget my credit rating improved?

Thanks again

Sammy_Girl

doeli70 wrote: »

Hi, I'm new and after some advice please. I am currently paying off a DMP with a debt management company which I have been paying for 7 years. There was one ccj on there registered 8 yrs ago and 6 defaulted credit cards and loans. I am now trying to make a fresh start in life and am divorced and living at adifferent address. I am working and trying to build a future for my children. I would like to rebuild my credit rating (not build up more debts - I have learnt my lesson there!) but would like to know if I am likely to be accepted for anything while I am still paying the DMP? I have never missed a payment but by my calculations will take another 3 years for me to clear it. Ideally I am looking for a bank account with a cheque book as currently for my rent I have to give my mum the cash and she writes a cheque for me and a credit card with a low limit. I did apply for a littlewoods catalogue about 6 months ago and got accepted but have been too scared to apply for anything else. I am on the electoral roll at my new address. But am afraid my previous address will go against me especially as my ex husband is bankrupt. (Though after our divorce>)

Hi Doeli :hello:

Welcome to the board

First things first, have you got an up to date copy of your credit report? Either Experian or Equifax, or both would be best. You can check these online for free with a 30 day trial. Defaults and CCJs drop off your file 6 years after they are first registered, so they shouldn't still be on your file. We were all nervous checking our report for the first time after so long. But it's never as bad as what you think it is!!

Have a look at your report and then come back to us to.

I'm not too clued up on DMPs, but as far as I'm aware, you're not able to enter into a new credit agreement whilst you're on the DMP. But I guess that wouldn't mean a bank account as that isn't a credit agreement strictly speaking. Quote a few of us on here have got an Alliance & Leicester account with nasties on our files. That comes with a Visa Debit and a chequebook.

Anyways, sorry for the delay in replying. Please feel free to post any question, we're a friendly bunch

Good luck and let us know how you get on

Sammy_Girl

sutton111 wrote: »

very quiet on here at the moment! Have you re booked your CBT?
I'm sick of Yorkshire bank already, i wanted a saving account they said they would open it and send me the stuff out that was 2 weeks ago and nowt idiots:mad: !! i want a bank account in my town i was thinking HSBC but i don't want to be declined and another search:eek: !!

Hi Sutton,

No I haven't rebooked my CBT yet lol. I'll wait until I get paid on Friday and rebook it for a couple of weeks time. I keep looking at people on bikes now thinking how do you do it lol

Did you try for the A&L account? Look on the positive sides of YB. At least they're reporting to the CRAs and giving you nice green zeros

I think HSBC are really strict, so it might be a bit risky trying them.

Sammy_Girl

Purplecats, I know. It's cold enough to snow, but no snow here yet I'm in the wrong end of London lol. I don't have a Flybe but I know that others on here have been accepted with adverse history. They give quite good limits as well £2-3k

Fairmorn, it was an automatic increase on my 4th statement. They said that they would do more increases but didn't say when. The letter just says if you manage your account well blah blah blah

Moyilla, congrats :j . That's great news. Use your Vanquis wisely. spend on it but make sure you clear it in full every month otherwise the 39% interest will hit you hard. I use mine for about £30-£40 a month and have a direct debit set up to pay it off in full every month. If you keep doing that then you'll have a nice set of green zeros which will over time improve your credit rating. What limit did you get?

fairmorn308

well guys friday is dooms day and its when my life changes

moyilla

Sammy_Girl wrote: »

Purplecats, I know. It's cold enough to snow, but no snow here yet I'm in the wrong end of London lol. I don't have a Flybe but I know that others on here have been accepted with adverse history. They give quite good limits as well £2-3k

Fairmorn, it was an automatic increase on my 4th statement. They said that they would do more increases but didn't say when. The letter just says if you manage your account well blah blah blah

Moyilla, congrats :j . That's great news. Use your Vanquis wisely. spend on it but make sure you clear it in full every month otherwise the 39% interest will hit you hard. I use mine for about £30-£40 a month and have a direct debit set up to pay it off in full every month. If you keep doing that then you'll have a nice set of green zeros which will over time improve your credit rating. What limit did you get?

Thank you Sammy :beer:

I don't know the limit I forgot to ask :rolleyes: but they did offer me a cash advance of £250 which would be taken off my card so I assume it might be £250?. I declined

Though she did mention a 46.8% APR :eek: :eek:

Sounds silly but I feel it's a little step forward to rebuilding my life