Sub Prime Credit Card Club

wannabe123

i worked for natwest and royal bank of scotland and yeah post office only search experian and as long as you have score above 450 and a few green os ur ok

Sammy_Girl

Thanks Wannabe, I shall have a look online and mull it over. I think my scores about 650

So what adverse do you have on your file?

Totally off topic, but does anyone else think that Rav off Crimewatch is hot

sutton111

moneysavingallday wrote: »

Hi everyone, I just applied for my very first credit card yesterday. It was referred but they called me up first thing this morning to let me know it's now been opened. It's an HSBC credit card with a credit limit of £3100. The APR is 16 point something. I'm not on the Electoral Register and the only things reporting on my credit file are one mobile phone and one current account.

Have you changed your screen name again were you just_ask?

moneysavingallday

Sammy_Girl wrote: »

Congrats Moneysaving. Wow, what a good first limit!!!!! I have £3.1k on my MBNA and Amex, it's such a random figure. I don't know why they don't just round it to £3k lol. Onwards and upwards \o/ lol

Hi Sammy. If you've got AMEX and MBNA it sounds like you're doing brilliantly!! I'm not that clued up on credit cards yet in terms of what a 'good' limit is and so on.

Also, if I use this card responsibly are HSBC likely to raise my limit over time? If I were to want a second card later along the line (after having this one open for a while) what sort of lenders might be interested in me? Obviously HSBC approved me because I'm their customer, but if I wanted a second card would I have to go sub-prime?

So many questions, lol

sutton111

Sammy_Girl wrote: »

Thanks Wannabe, I shall have a look online and mull it over. I think my scores about 650

So what adverse do you have on your file?

Totally off topic, but does anyone else think that Rav off Crimewatch is hot

That Rav is actual a copper isn't he. I'm watching England and terry has made a !!!! up at the back with the help of carson.:mad:

wannabe123

i think he is lol

i had several defaults all settled but i married my partner of ten years and had my surname changed and for some strange reason a whole new credit file set up in my new name couldnt understand so im starting from scratch i applied for alliance and leicester account and gave my new name and what i used to be called and not on electroll roll and got it but no nasties showing now on my experian its all wiped clean in my new surname strange

moneysavingallday

wannabe123 wrote: »

i worked for natwest and royal bank of scotland and yeah post office only search experian and as long as you have score above 450 and a few green os ur ok

How do you have such detailed information wannabe?

wannabe123

working in underwriting for a very large bankin group u know all banking secrets and credit scores but the file they use has to show little advberse they like to see little adverse prefer settled over 1 year old and lots of green os with at least 3 active accounts

moneysavingallday

wannabe123 wrote: »

working in underwriting for a very large bankin group u know all banking secrets and credit scores but the file they use has to show little advberse they like to see little adverse prefer settled over 1 year old and lots of green os with at least 3 active accounts

Thanks. I wouldn't qualify for that one then.

wannabe123

money if u got an hsbc one and hsbc are the hardest to get they have a stricter lending policy use ur new card ffor a couple of months let them green o's show u will be suprised