Lets Hear It For Barclays

Broken_hearted

Still not babrclays offer me credit but I spent it, they upped the limit and off I went again.

blind-as-a-bat_2

Broken_hearted wrote: »

Still not babrclays offer me credit but I spent it, they upped the limit and off I went again.

If it wasnt given it couldnt be spent, true your not forced to spend it but if it wasnt there to spend the cycle is broken = 6 of one half a dozen of the other

Now it seem i can go BR get it writen of and start again


No Thanks:rolleyes:

Sunk

I opened 2 accounts after bankruptcy with no problems.
Coop & Barclays.

The plus with coop is the electron card, which I have seen is accepted in many places.
But the disadvantage I felt was paying the cheques in.
I have not got a branch near me.
So I was not keen on posting through post or posting through post office.
I opted for Barclays in the end.

Waspeze

Sunk wrote: »

I opened 2 accounts after bankruptcy with no problems.
Coop & Barclays.

The plus with coop is the electron card, which I have seen is accepted in many places.
But the disadvantage I felt was paying the cheques in.
I have not got a branch near me.
So I was not keen on posting through post or posting through post office.
I opted for Barclays in the end.

Does barclays offer internet banking? if so you could pay cheques into barclays then transfer the funds to coop when cleared and spend the money using your visa electron

betterlatethannever

The card was mentioned to me as i asked if the savings account would be a way of starting to re-build my credit rating.

I saw/see it as a good way of doing this, though i suppose it could also be descibed as a way of leading you back into debt.

Re-building of credit rating is important and lots of people ask about this. Now there is an option, though if you choose to abuse this option then you suffer the consequences.

From what she was saying they keep the limit low (only going upto £400 after sometime on £200) though how well this is monitored i'm unsure. e.g your close to your limit, then go over because of the interest whacked on..what happens then? you get hit with more charges? your then in debt and maybe in trouble. (again)

blind-as-a-bat_2

Wouldnt it have made more sense for them to offer a proper debit card first?


But then they dont make money on them do they


Makes you wonder who they are trying to help doesnt it:rolleyes:

blind-as-a-bat_2

betterlatethannever wrote: »

though i suppose it could also be descibed as a way of leading you back into debt.


)

Im sorry BLTN i didnt mean to put the downers on your thread but im afraid all i see is that bit, there is no other reason a bank would care about.

I appreiciate some want to improve there credit rating, but to be honest i dont see why as that only opens the door to doing it all again.

The only guarenteed way of never getting in a maess again is to never have credit again, so as far as im concerned i dont give a stuff about my credit rating.

Sorry but i cant help the way i feel, and it does worry me watching people going through all this only to want to improve there credit rating the second they are discharged, i cant help thinking Why, whats the point if not to get in debt again

Sorry again for ruining your thread

betterlatethannever

Bat, you've not ruined my thread at all.

I came home with this great big butterfly feeling in my stomach that i was once again worthy of being trusted and that meant more to me than anything else.

I totally see your point and agree with it, but i also know that there will always be someone out there ready to offer credit to Brs/people with poor credit ratings. I'd prefer it to be Barclays than some dodgy guy who comes round your house on a friday night:rolleyes:

Now i'm coming 'down' a bit from from trip to the bank, i feel a little apprehensive about all that was offered to me too.

A little confused now and need to have a good hard think about my 'learnt lesson' and whether I (not the bank) can trust myself with debt again.

shadowdragon

its my opinon that the card is there to get money out of people especially with the high interest rate.

Im in agreement that I dont want credit ever again, its a bad idea and if i need anything im just going to have to save for it. Thats why i dont really care if when i do finally go BC if i have a BCO on me for 15 years it doesnt really matter, least then its taken the opportunity to get back into debt away from me.

Although having a few hundred quid as a buffer is handy i.e the car decides it needs fixing ect. But ive come to the conclusion im just irresponsible with money and even a £200 buffer would get spent up in no time.

Waspeze

One thing that has struck me with this is that you originally went in there to enquire about savings... and now after leaving you are thinking about credit .. the banks are good at what they do aren't they?