credit

6 posts Page 1 of 1
Post Reply
 
 

Anyen

User avatar
Posts: 34
Joined: Mon Apr 11, 2011 3:07 am
Post by Anyen » Tue May 31, 2011 3:26 pm
Quote
Hello all, have just found out if u get a pre paid crdeit card, it will build up yr credit rating. Just thought I wud let u know :)
Top
 
 

kallis3

User avatar
Forum Expert
Posts: 77176
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Tue May 31, 2011 4:23 pm
Quote
I wasn't aware that they showed up - they're not credit cards as you can only spend what is on there.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
Top
 
 

ginger3232

User avatar
Posts: 2610
Joined: Tue Jan 11, 2011 4:06 pm
Location: United Kingdom
Post by ginger3232 » Tue May 31, 2011 6:26 pm
Quote
Kallis - there is only a few of these cards that help with the credit building as they charge the yearly fee altogether and get you to sign a loan contract for these fees, hence you have a credit loan contract on record.
Top
 
 

kazzafunk

User avatar
Posts: 4749
Joined: Sat Mar 19, 2011 6:47 pm
Location: United Kingdom
Post by kazzafunk » Tue May 31, 2011 6:26 pm
Quote
If that is correct then that's a great way of repairing your credit rating post-iva. I was just going to keep my mobile phone contract and get a Vanquis card if I ever felt the need!!
Kazza

Please visit my blog:
http://kazzafunk.blogs.iva.co.uk/

IVA completed 21/03/2012
Top
 
 

kallis3

User avatar
Forum Expert
Posts: 77176
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Tue May 31, 2011 6:56 pm
Quote
That is a new one on me. I've got a couple of prepaid cards but with no annual fee. Not that I use them now I have a proper debit card with the bank.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
Top
 
 

ginger3232

User avatar
Posts: 2610
Joined: Tue Jan 11, 2011 4:06 pm
Location: United Kingdom
Post by ginger3232 » Tue May 31, 2011 8:20 pm
Quote
Helpful and informative website - as with any of these things you need to read and understand what your signing up to (some of them have minimal time contract)

http://www.what-prepaid-card.co.uk/cash ... -loan.html
Top
Post Reply
6 posts Page 1 of 1
Return to “friends corner”