Sub Prime Credit Card Club

darcyvuqua

i opened my cap one 4 months ago and my vanquis 2 weeks prior to being approved the intial 19.9% £2000 limit i think there great!

claire6hy

opened them both this month so will wait a while i guess

Cash_Flow

claire6hy wrote: »

bank of scotland and lloyds, but only been with them 4 months x

If you keep your account in good order with lloyds they will offer you lots of nice products.

A easy way to understand how your credit profile with them is going, go onto internet banking and perform a loan quotation for say 5000 over 36 months you will not be credit searched but you will see a apr% mine is 15.6% at the moment because i have been in my overdraft for 3 years lol:T .

I earn 28,0000 pa and clear 1800.00 pm so It's not easy to climb out lol

kpnut79

I have just realised I have held my Cap 1 card for a year this month and have never missed a payment nor made a late payment always had it on standing order every week but yet I have never had an increase in CL..still at my starting limit of £100. Does anybody think thats odd??

darcyvuqua

i have not even got a loan option in my lloyds internet banking bit



im just not worthy lol

dolally_2

kpnut79 wrote: »

I have just realised I have held my Cap 1 card for a year this month and have never missed a payment nor made a late payment always had it on standing order every week but yet I have never had an increase in CL..still at my starting limit of £100. Does anybody think thats odd??

Have you ever gone over your limit?

darcyvuqua

kpnut79 wrote: »

I have just realised I have held my Cap 1 card for a year this month and have never missed a payment nor made a late payment always had it on standing order every week but yet I have never had an increase in CL..still at my starting limit of £100. Does anybody think thats odd??

i would ring them up and quote there T & C re 4th statement

Cash_Flow

darcyvuqua wrote: »

i opened my cap one 4 months ago and my vanquis 2 weeks prior to being approved the intial 19.9% £2000 limit i think there great!

:beer: nice one, As we all know there are many factors which can determine a yes or a no when it comes down to matching the borrowing profile of a lender, If you have are some one who has taken onboard £5000.00 pounds of debt in 3months but you earn £10000000pa is it really going to go against you.

But if you have taken onboard £5000.00 pounds of debt in 3 months and you earn 7000.00 pa. I think you are going to fall short on the min required credit score for the barclays intial.

It's all about profit vs Risk:rotfl:

claire6hy

Cash_Flow wrote: »

If you keep your account in good order with lloyds they will offer you lots of nice products.

A easy way to understand how your credit profile with them is going, go onto internet banking and perform a loan quotation for say 5000 over 36 months you will not be credit searched but you will see a apr% mine is 15.6% at the moment because i have been in my overdraft for 3 years lol:T .

I earn 28,0000 pa and clear 1800.00 pm so It's not easy to climb out lol

personal loan yeah??

claire6hy

Loan amount
£ 6000


Amount you pay each month for the loan
£ 184.13


Number of monthly repayments (12 to 60 months)
months 36

APR
21.1%
TOTAL amount you pay each month
£
184.13

TOTAL amount payable
£
6,628.68