04-09-2005, 15:55
|
#1
|
|
 
Join Date: Nov 2003
Location: Leeds - the dog house
Age: 31
Services: Email me for a current price list
Posts: 8,240
|
Credit
I watch these TV programmes about people who have several thousand pounds worth of debt, largely on credit cards, and everyone around me has a credit card and/or loans. Even my mum has a credit card but she doesn't use them. I apply for a credit card and get turned down. Tried several companies and all said no. I can't understand it 
__________________
Consistency is the last refuge of the unimaginative [Wilde]
|
|
|
|
04-09-2005, 15:59
|
#2
|
|
You know I'm the daddy.
Join Date: Jun 2003
Location: Sutton in Ashfield.
Age: 42
Services: NTL TV, phone and 10meg Broadband.
Posts: 3,046
|
Re: Credit
Are you on the electrol role?
|
|
|
|
|
04-09-2005, 16:07
|
#3
|
|
In Permanent employment
Join Date: Apr 2005
Location: Unfortunately David Camerons constituency
Age: 49
Services: L BB, XL Digi TV, basic phone.
Posts: 5,020
|
Re: Credit
Quote:
|
Originally Posted by greencreeper
I watch these TV programmes about people who have several thousand pounds worth of debt, largely on credit cards, and everyone around me has a credit card and/or loans. Even my mum has a credit card but she doesn't use them. I apply for a credit card and get turned down. Tried several companies and all said no. I can't understand it |
Stupid situation really but in some ways you have to develop a good credit rating (ie take out a loan and pay it back promptly). Also worth checking with credit reference agencies (Experian and IIRC Equifax) costs £2 per company but you will find out if they have any inaccurate information on you which could be preventing you getting credit. Also applying for too many different quotes can blow your rating as well.
__________________
|
|
|
|
|
04-09-2005, 16:07
|
#4
|
|
minxster
Join Date: Aug 2003
Location: surrey
Posts: 4,399
|
Re: Credit
Quote:
|
Originally Posted by greencreeper
I watch these TV programmes about people who have several thousand pounds worth of debt, largely on credit cards, and everyone around me has a credit card and/or loans. Even my mum has a credit card but she doesn't use them. I apply for a credit card and get turned down. Tried several companies and all said no. I can't understand it |
have you tried for an egg card? 
__________________
there is no dress rehearsal, you only live once
|
|
|
|
|
04-09-2005, 16:09
|
#5
|
|
In Permanent employment
Join Date: Apr 2005
Location: Unfortunately David Camerons constituency
Age: 49
Services: L BB, XL Digi TV, basic phone.
Posts: 5,020
|
Re: Credit
Quote:
|
Originally Posted by Bex
have you tried for an egg card? |
Good suggestion Bex 
Egg are less stringent than most for credit references.
__________________
|
|
|
|
|
04-09-2005, 16:20
|
#6
|
|
Counteruh!!!
Join Date: Jun 2003
Posts: 10,231
|
Re: Credit
Quote:
|
I watch these TV programmes about people who have several thousand pounds worth of debt
|
There are of course distinct advantages to not having a credit card...
Point being: use it wisely if/when you get one. Try to pay it off every month. Try to not use it to spend money you don't have.
__________________
Oh Oh Ranje 
We houden allemaal van jou, de spelers en het rood wit blauw.
------------------------------------------------------------------------
I wish I knew where I was going, cause I have to get back as well.
|
|
|
|
|
04-09-2005, 16:40
|
#7
|
|
Yep, Dave Stones.
Join Date: Jun 2003
Location: Selly Oak, Birmingham
Age: 23
Services: BT Broadband Option 3, BT Landline, Freeview
Posts: 3,214
|
Re: Credit
i have a £500 limit with my student credit card from hsbc. not allowed any more, and i doubt i could get any anywhere else either, what with living at 4 addresses in the last 3 years... 
capital one will give you a credit card though, or vanquis (65% apr was offered to me with a vanquis card...)
|
|
|
|
|
04-09-2005, 17:08
|
#8
|
|
minxster
Join Date: Aug 2003
Location: surrey
Posts: 4,399
|
Re: Credit
Quote:
|
Originally Posted by Angua
Good suggestion Bex
Egg are less stringent than most for credit references. |
exactly... the basic limit is normally about £750.... i got one when i came back from uni and had an awful credit rating, by paying it back etc, it improved my credit rating.
some companies such as capital one offer cards in which you have to pay a contribution towards it, not sure how it works exactly, but again it can help to increase your credit rating
__________________
there is no dress rehearsal, you only live once
|
|
|
|
|
04-09-2005, 17:19
|
#9
|
|
Yep, Dave Stones.
Join Date: Jun 2003
Location: Selly Oak, Birmingham
Age: 23
Services: BT Broadband Option 3, BT Landline, Freeview
Posts: 3,214
|
Re: Credit
i believe with capital one you have to put a deposit down, and you only get a very very low limit to start, smething like £200...
|
|
|
|
|
04-09-2005, 17:29
|
#10
|
|
Disabled Parking is what?
Join Date: Jun 2003
Location: Manchester
Posts: 5,192
|
Re: Credit
I think it's a blessing perhaps if you can not get a credit card! count your lucky stars you havent got one!
|
|
|
|
04-09-2005, 17:41
|
#11
|
|
Yep, Dave Stones.
Join Date: Jun 2003
Location: Selly Oak, Birmingham
Age: 23
Services: BT Broadband Option 3, BT Landline, Freeview
Posts: 3,214
|
Re: Credit
i'm happy my credit limit is so low. however, i have a £1500 interest free overdraft. Overall i owe the bank abuot £1200 from a total of £2000. and £900 of that is interest free. it's a scary prospect really, i really have to hold tight to my maestro card in the shops sometimes. I'm under control though
|
|
|
|
|
04-09-2005, 17:47
|
#12
|
|
cf.mega poster
Join Date: Oct 2003
Location: Portsmouth
Age: 30
Posts: 1,684
|
Re: Credit
Credit is the bane of my life (well used to be).
I no longer have vredit cards, and find the only time i miss them is when i have not got any money, so should not be spending anyhow..
|
|
|
|
|
04-09-2005, 18:03
|
#13
|
|
Busy Admin
Join Date: Oct 2003
Location: Nottingham
Age: 45
Services: VM Phone : Sky+ Multiroom : VM Cable (20 Mbps)
Posts: 14,475
|
Re: Credit
If you want to shop on the internet then credit cards used to be essential, now you can use debit cards as well.  At one point in the past I had ten credit cards now I have just three - but I could still clock up over £35k on them if I wanted  - the monthly payments on that would be something 
__________________
 Click here for a real, interactive, tv guide.
|
|
|
|
|
04-09-2005, 18:39
|
#14
|
|
vista home premium user
Join Date: Jul 2004
Location: chavy Nottingham
Age: 24
Services: Freeview, Sky+ on big TV, 2 Mb/s NTL BB, mega PC, PSP, PDA, N95
Posts: 6,355
|
Re: Credit
Quote:
|
Originally Posted by Paul M
If you want to shop on the internet then credit cards used to be essential, now you can use debit cards as well. |
All the same, I so wouldn't do that because of the security risk.
__________________
PC: X2 4200+, 2GB RAM, X1650, 940GB HDDs, Audigy2ZS Platinum, HVR1100, Vista Home Premium Laptop: Advent 7203 (T5300, 2GB RAM, 80GB HDD, VHP) Server: WHS (XP 2800+, 1GB RAM, 820GB HDD)
 10111 pts
|
|
|
|
|
04-09-2005, 18:46
|
#15
|
|
cf.mega poster
Join Date: Oct 2003
Location: Portsmouth
Age: 30
Posts: 1,684
|
Re: Credit
Quote:
|
Originally Posted by nffc
All the same, I so wouldn't do that because of the security risk.
|
but you are happy to hand over your debit card in a restaurant...
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT +1. The time now is 13:07.
|
Join CF
You are here: 
