Are you tired of being declined for credit cards? Maybe you’re on a low income or retired? Have you experienced hardships that have left you with bad credit? Perhaps you simply lack credit history because you’re new to credit. No matter what your situation is, you are welcome to apply for a Vanquis Bank Visa Card!

Vanquis will evaluate your current personal circumstances instead of just refusing your application based solely on your past. If you get approved for a Vanquis Bank Visa Card, your credit card could help you strengthen your credit rating going forward – as long as you use it responsibly. To date, Vanquis has helped over 800,000 people by approving them for the credit card they need.
You can apply today and join them!

Applying for a Vanquis Bank Visa Card is safe and easy. It only takes about 5 minutes. You could get a response in about 1 minute. Then you could enjoy all the benefits of a Vanquis Bank Visa Card – it has no annual fee. Your credit limit is set at a sensible amount to help you stay in financial control.

Find out more about the Vanquis Bank Visa Card

Typical 39.9% APR Variable

However you should pay the balance off each month so as to improve your credit rating

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Getting back on track after you’ve had a financial shock can be very difficult indeed; banks will turn you away and getting a credit card is almost impossible, so it can be extremely disheartening if all you want to do is start afresh. The primary reason people get turned away from credit is because their credit rating is poor. This could be for a number of reasons, and the only way you can really know what they are is to look through your file to find them. There are a number of things that you can do to try and bring your credit score back up to a respectable standard.

If you’ve still got old credit cards lying around that are still open, you’ll want to make sure they’ve been cancelled before you apply for new credit accounts. This is because the open credit card accounts will show up as available credit, and will reduce the amount of credit open to you from other lenders.

Make sure you pay back your credit card every month, without delay. Even small issues can set your credit rating back months or even years. Make sure you are at least up to date with the minimum repayment schedule, so that there aren’t any problems at all. However, it is best to try and pay back as much of the debt as possible, so if you’ve got any savings, use them to pay off debt early while you can.

Don’t keep applying for credit once you’ve been rejected once. Every time a lender checks through your credit file, a note will be left on your report. If checks are being made all the time, there will be numerous notes left and this will damage your credit report.

Talk to your lender; this may sound obvious, but far too many people simply try to avoid talking to their lender in any way possible. The fact is, if you can’t pay off your credit card debt, the best thing to do is to go and talk to someone who may be able to arrange a new payment structure with you. This may damage your credit rating slightly, but will be much better than going into further debt and potentially getting a county court judgement (CCJ).

Apply for an expensive (high interest) credit card, and make small payments onto it. Don’t use it too much and don’t rely on it as your sole source of spending power. Consistently paying it back and avoiding the high interest rates will allow your credit rating to improve rapidly.

Check your credit report for any errors that may have occurred; these can be things like old contracts for mobile phones that were assigned to a different address. Some of these errors are unbelievably easy to solve, so checking your credit report is one of the first things you should do once you’ve been rejected.

Clearly, there are dozens of different ways to improve your credit rating, but those listed above will help you greatly in the short term.

If you need to check your credit rating try this;

free online credit check

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There are hundreds of reasons why you may have been rejected for credit, but the main one is a bad history of repayments. If you’ve struggled in the past to pay back the money that you owe to your credit card company, other creditors are going to be naturally suspicious and will potentially reject you as they see you as too much of a risk. If you’ve gone bankrupt, or entered into an IVA, it’s very possible that your credit score will be very low indeed, and you will be a huge risk to any bank who you are trying to apply for. If you’ve been rejected by the high street banks, you might think that you don’t really have anywhere to turn to, but this is simply not the case. There are plenty of banks that will understand your plight and offer you a bank account despite your credit history.

The high street banks may offer you simple cash accounts, but these really aren’t very useful’ without a debit card you can’t shop online, and you’ll forever be withdrawing cash from machines, and possibly paying for the privilege at the same time. Whatever your position, you’re going to want a proper bank account that has all the same functions as a traditional account.

Bad credit bank accounts have become extremely popular over the last few years, and have helped thousands of people around the world get back on track with their finances. They will often have an initial charge which you’ll have to pay upon your initial deposit, but other than that the bank account will be free of charge.

It really doesn’t take long to open a bank account with these companies, since they will simply want some proof of ID and will perform a check to ensure that you haven’t committed any fraud in the past. Once this has been done, you’ll be ready to go and the bank will send you any extras such as your card and cheque book in the post.

Finding these banks is relatively simple, and a quick search on the internet will give you plenty of options. Don’t be drawn in to highly expensive accounts or banks that haven’t been around very long. Look for an experienced business with a good history of customer service, who can help you on your road to financial recovery.

These banks are great because they’ll understand your problems and won’t judge you for having difficulties in the past. You can talk to them honestly about your problems, and they will be able to help you manage your money to ensure you don’t go into an overdraft. They will be able to give you solid advice to help you get back on track in the fastest way possible.

Apply for a UK bad credit bank account

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Sometimes bad things happen, in fact, bad things happen all the time. Defending yourself against them is very difficult, especially in a time when financial stability is the stuff of legend. If you lose your job or your company goes under, you can be left with huge bills that are simply impossible to pay off. You could enter into an IVA, which will keep you from bankruptcy but last a number of years, and will leave you financially restricted throughout that period. You could also simply accept that filing for bankruptcy is the only option, something which many people refuse to believe but ultimately has a number of advantages. Either way, your financial difficulty is going to make you a significant credit risk and make it very difficult to get a bank account at any of the high street banks.

Your credit report will be a story of devastation if you hit these problems, and it can take years for it to return to an acceptable level. However, all is not lost. There are bank accounts available that are offered to people with bad credit ratings, and are fully functioning just like other bank accounts. These bank accounts are often offered by smaller companies who are used to dealing with struggling consumers, and fully understand the problems that people face with bad credit. Because of the risk they are taking in giving you a bank account, they will ask for a small fee upon your first deposit, but other than that there are no hidden charges. The bank will talk to you upfront about their terms and conditions; they aren’t interested in trying to take your money, it is in their interest that they get back on track and start building up a solid financial situation again.

The bank’s advisors will help you set up payments and manage your money so that you don’t go overdrawn, whilst also giving you a debit card and cheque book, among other things, that make your account almost exactly the same as one you would get from a high street bank. These banks will not be bothered if your credit report has hit the floor, they will simply need to find out whether you have committed any fraud in the past and will need proof of identification. Apart from that, the bank will be very understanding and will want to help you get back on track.

These bank accounts really are a fantastic way of starting afresh. You can start putting some money together for savings, budget properly knowing exactly what is going in and out of your account, and other things.  Whatever your financial situation, a guaranteed acceptance bank account can really help you restart your life and move towards having a solid credit rating in the future. These bank accounts are relatively new, having become a necessity after credit card debt became a real problem, but there are still extremely good companies who have years of experience dealing with people who have hit the financial wall.

Apply for a UK bad credit bank account

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Here’s a scenario that people tend to play out when they get stuck into financial difficulty, it’s worryingly common yet also very easy to fall into:

1. Apply for bank account with high street bank
2. Get rejected based on poor credit score, this could be for any reason, but the bank won’t give you a reason, they will simply state that you are seen as a credit risk based on your report.
3. Apply for another bank account with different high street bank.
4. The same rejection letter comes through; you’re starting to get worried about your credit score.
5. Apply again for another bank account, thinking after this you’ll have to take a look at your credit score if you get rejected.
6. Rejection letter comes through, you check your credit report and see there is a stupid error that is nothing to do with your repayment history, but is stopping you from receiving credit.
7. You rectify this error thinking that your credit report is now fine.
8. Yet again you are rejected for a bank account, this time it’s because there are so many credit checks on your file in such a short space of time. Every time you applied for a new bank account, the credit check turned up on your report and is now ringing alarm bells to the latest bank.
9. You are stuck in a spiral and you just have to wait until your credit report is clean again.

> Free Credit Report Check

This happens all the time, and is primarily because people don’t check their credit report as soon as they are rejected the first time. They assume that certain banks have higher thresholds than others, which is true, but does not necessarily explain why you were rejected. As soon as you’ve been told you have been rejected, you’ll want to check your credit report to find out why. You can do this through the post under the Consumer Credit Act, but this process is slow and the file they send you will often be confusing and difficult to understand.

Another method is to check your credit report online, which will give you instantaneous results and will be laid out in an easy to understand fashion. These services often cost large amounts of money, and are sometimes bundled with other services which you don’t need. One way to avoid these costs is to sign up with a credit agency on their “one month free trial”. This will allow you to check your credit report and see why you have been rejected, giving you a chance to correct any issues. Once you have done this, and you have cleaned up your report, you can simply cancel your subscription before the monthly payments kick in.

It is absolutely vital to consistently check your credit report, even after you’ve been accepted by a bank. Small errors and issues can happen very easily, and could harm your credit score without you knowing. Checking every year or 18 months will keep you on top of everything.

> Check Your Credit Report Free!

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When some of us are going through a hard time in our life, there are always others who will try and prey on us. Unfortunately being in debt is no different. There are many out there who will claim they can help you and help to sort out your debt for you and you are so vulnerable at this time you want to believe them. Before hiring a credit counseling service, however, keep in mind the following are simple credit counseling scams you should avoid:

Fees: many credit counseling service companies like to take fees from both ends – both from you and from your creditors. They can do this by charge you a fee for counseling you and making repayments on your behalf. They can charge fees to your creditors as part of a success fee arrangement for getting you to repay the debt. As such, before you agree to hire any credit rating agency, always check:

1. if there will be a start-up fee;
2. if there will be any administration fees; and
3. if they are also going to be paid fees from your creditors. If the answer to any one or more of these is yes, give careful thought to whether the agency is acting in your best interests or in their best interest!

Reputation: in the world of credit counseling some agencies have a better reputation than others. Indeed, you may well find that there are certain agencies who your creditors (credit card companies, etc.) will not deal with. So, before you hire any credit counselor to act for you, check with your creditors to see if this agency is going to be acceptable to them. Always keep in mind that your creditors deal with credit counseling agencies on a daily basis, so use their expertise wisely.
Agreement: any agreement that you make that is not in writing is not worth the paper it’s not written down on! If you make an agreement with a credit counseling agency, make sure you have it set down clearly on paper beforehand exactly what is expected of you and what service is being offered to you!
While it is understandable that you want to break your cycle of debt, and commendable that you are seeking the help of a professional to do this, don’t become a victim to your desire to get out of debt, make sure that you undertake a thorough check on your credit counseling agency to ensure that they stack-up and are reputable!

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Create a New Credit File In The UK

When You Just Want a Fresh Start With Your Credit File
Having a bad credit file is a real pain the the back side. As you may well know, when you have bad credit on your credit file it can be a nightmare which affects your life on an almost daily basis. There is just no way that you can get credit for anything unless your willing to use some rip off store such as Brighthouse and pay through the nose for the things that everyone else seems to be able to get on ‘normal’ credit with ease.

A New Start With A New Credit File

Don’t you wish you could just throw your bad credit file away and start again with a nice new clean one instead? It sounds a little far fetched doesn’t it – the fact is though that it isn’t far fetched or just wishful thinking. Thanks to a secret little loophole you can create a Brand New Credit File in the UK – and yes, it is legal.

Thanks to the way in which the UK credit reference agencies operate you can take advantage of a loophole which allows you to create a brand new credit file which is 100% squeaky clean.

Can you imagine that? A brand new credit file that’s as clean as a whistle?

The real kicker to this is that all it takes to create a new credit file is just one form and that can even be downloaded from the credit reference website of your choice. That’s all it takes, one simple form and a few days later your brand new credit file is created and ready for your use.

Discover how you can create a new credit file here

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Credit cards for bad credit are real credit cards for people who had had bad credit in the past but are showing signs that they are now getting their credit file in order.

Many people make the mistake of thinking that a ‘prepaid credit card’ will help repair their credit history when in actual fact a prepaid credit card won’t make any difference to your credit rating as it isn’t a credit card at all.

A credit card is a form of credit – whereby you can spend money that you you do not have and are then allowed to repay that money at a later date and by installments if required – hence the word ‘credit’.
A prepaid credit card does not offer any form of credit as it only allows you to spend money that you already have. In fact, the correct name for a ‘pre-paid credit card’ is a “prepaid Visa card”. Because it has been called a prepaid credit card by some people it has caused confusion.

If you have bad credit and you are looking for ways to repair your credit and improve your credit rating then a credit card can actually help but as you are probably aware, getting a real credit card when you have bad credit is not an easy task.

99% of credit card companies WILL decline your credit card application if you have some form of bad credit as they see you as a ‘high risk’. This can leave you in a ‘catch 22′ situation.

However, there are a few credit card companies who will issue you with a real credit card even if you do have bad credit – this is not guaranteed as it does depend upon how bad your credit rating is.

But do not let that put you off from applying for a credit card with one of these companies. You may be surprised by how easy it is to actually be accepted for a credit card with bad credit. And yes, as these are real credit cards then you can use them to repair your credit rating.

Credit cards for bad credit are a good thing as they can help you as long as you do not spend more than you can afford to repay and as long as you repay at least the minimum amount each month as shown on your credit card statement.

By doing this you will find that your credit rating will improve and after 6 months of running your new account in a satisfactory manner the credit card issuer will offer to increase your credit card limit. When this happens you will know for sure that your credit rating is getting better.

Just because you have a credit card for bad credit doesn’t always mean that you will have bad credit. In fact, using your credit card responsibly, you will eventually be able to apply for (and get) a credit card from other companies and not just credit cards for bad credit.

In the UK there are only two credit card companies who offer credit cards for people with bad credit – Vanquis and Capital One. It is up to you which company you prefer to apply to and the link below will take you directly to their websites where you can compare which card best suits you.

Remember, when you get your credit card, please use it responsibly.

Credit Cards for Bad Credit:

=> Click To Apply for A Vanquis Visa credit card

• No Annual Fee
• Up to 56 Days Interest Free On Purchases

• Free Fraud Monitoring On Your Account
• Conveniently Pay Online or Over the Phone
• Friendly UK Call Centres

Don’t forget to check out our Payday Loans section

Sensible Credit Limits from £150 to £1,000

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Bad Credit Help

Do you have Bad Credit ? Is your credit as bad as you think it is?

More often than not, when you think you have bad credit, it’s not actually as bad as what you think. Many peoples first instinct is that their credit is so bad that they’ll either never get credit again or that there is nothing they can do about having bad credit.

But that’s not always the case.

There are many things you can do about bad credit and I don’t mean applying for high interest loans to pay off your bad credit thinking that is the only option. If you have bad credit now, by borrowing money to pay it off, that bad credit will cost you so much more due to the high interest rate of the loan you’re applying for and then you’ll be stuck with that loan for years.

So if you have £5,000 of bad credit now and you take out a high interest bad credit loan to pay it off, if that loan costs you £8,000 to pay back, then all you’re doing is increasing the amount that your bad credit is going to cost you in the long term.

Borrowing money when you have bad credit is never a good idea and you should avoid doing this. Instead, your first step should actually be to look at what this bad debt is. Now this is an easy step as you can find this out by getting your credit files.

When you have your credit files you can see just how bad your ‘bad credit’ is. It may be that you’re just a few payment behind on a loan. If that’s the case then getting rid of your bad credit is easy. All you need to do is catch up on those missed payments. Contact the company to whom you owe the money to and explain your situation to them.

When you have caught up with the payments you will find that your so called ‘bad credit‘ won’t be anywhere near as bad. Keeping up with your repayments will help to put that bad credit behind you until you reach the point where lenders will no longer consider you as having bad credit.

When you’re at that stage, borrowing money becomes much cheaper thanks to the lower interest rates. You see, having bad credit is never as bad as what you think. There are so many ways to improve your credit rating without having to borrow money. Remember, borrowing money when you have bad credit will cost you so much more in the long run.

Take the cheaper and easier alternative and actually improve your bad credit BEFORE you borrow any more money.

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