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Posted: Fri Jun 26, 2015 7:12 pm
by DCX1983
Hi,
When should I be able to apply for a credit card (probably Vanquis)?
I am just looking for a low limit card to improve my credit score.
I have my CC.
I am still on the insolvency register
My IVA should still be on my file until May 2016
Posted: Fri Jun 26, 2015 7:38 pm
by Foggy
I got a card from Vanquis whilst my IVA was still on my credit files, but I was off the register. I think acceptance is more luck than judgement.
Posted: Fri Jun 26, 2015 8:54 pm
by DCX1983
Just signed up and got approved straight away
Posted: Fri Jun 26, 2015 9:13 pm
by Foggy
Use it for stuff you would be spending on anyway ( petrol for instance ) and pay it off each month. You will start collecting those green ticks.
Posted: Fri Jun 26, 2015 9:21 pm
by DCX1983
That's the plan. I will set up a direct debit to pay the full amount each month.
Posted: Sat Jun 27, 2015 3:18 pm
by plasticdaft
I just closed my vanquis account down as I was able to get a mainstream card but I have to say I've been very impressed from start to finish with vanquis. Even the closures procedure was easy.
Paul
Posted: Sun Jun 28, 2015 10:06 pm
by relieved33
I applied online today, had a phone call and was accepted all in less than 10 minutes.
Posted: Sun Jun 28, 2015 10:32 pm
by Shining
I applied and got the Vanquis card when I had completed my IVA. I still use it now as I pay it off each month the interest is negligible but I might apply for a bank one soon.
Posted: Mon Jun 29, 2015 1:28 am
by siorghra
I got a Santander credit card!
Still waiting on my IVA being finalised, but I got a £500 limit. Will just use it for fuel and pay off in full every month.
Posted: Mon Jun 29, 2015 9:00 am
by Foggy
Well done, siorghra. Santander can be notoriously inconsistent post IVA.