Chosen by Asker

Shop around with other banks so see if any of them will give you a debit card, include the on-line banks normally there are more relax. Once the debt card arrives it will be easy to get a credit card which increase your credit score. It may be good for you to see a financial adviser there are will give you free advise.

by Margarita G

2 years ago

Asker's Rating: 

your on a sticky wicket here, best you go see citizens advice, they will point you in the right direction as to what to do.

by Denise W- 2 years ago

Have you tried Capital One? They offer cards to start re-building your credit try this link www2 ... Also try for some catalogues like Littlewoods, they are good for re-building credit. It's also key for you to be on the electoral roll at your credit address and be traceable for the last 3 years. Once you get some credit make sure you pay the minimum at least every month and you'll soon be OK. It might also be worth do a free credit check on yourself so you can make sure there is nothing amiss www2 ... Good luck!

by amanda a- 2 years ago

go to the abbey they will with proof of income

by anthony m- 2 years ago

The best issue is to ask somebody (your parents or closed friends) with good credit history to be a co-signer. In this case you will avoid big fees and build good credit history faster. If you can't find a co-signer apply for credit card for bad credit with guaranteed approval ezpreapproval ... Another issue is secured credit card credit-land ... Of course, you have to deposit a sum of money in a bank to secure the credit.

by Shirrwood- 2 years ago

if you go to a web page called moneysavingexpert.com or co.uk cant remember which it has an artical on there about ways of increaing your credit score. i had a similar problem and it helped me out. it will also explain a little about the subject and there can be alot of grey areas. the website has loads of other random money saving tips

by steve s- 2 years ago

Bad credit is one of the worst problems to have... however there exists a solution. I will hereby talk from my personal experience. I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details, if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is astraight to the point ebook with question and answer I found : umgarticles ... if it helps kindly remember me in your voting!.. cheers!

by gabriel jones- 2 years ago

It takes long time to build up you credit score. - Register for electoral voting in your council - Try to get credit card from companies which offer them for people with bad credit - Try to open current account with different bank or account with monthly fee (banks are usually more happy to open paid accounts) - The data card will help you if you will regulary pay monthly payments on time. - Try to get small loan from Barclays and repay it - Check your records with credit scoring agency - there is possibilty that they have false or not complete info about you.

by yooppia- 2 years ago

If your credit score is very low it's usually because you have missed payments on credit that you have agreed, or because there is insufficient information about your credit history for lenders to judge whether you are likely to pay back what you owe. It is possible that a low credit score is the result of an error, or due to fraud such as identity theft. It's important that you rule this out first, even though it's unlikely, to ensure that the information about you is accurate. Contact any of the three major credit reference agencies to obtain your credit file. These agencies are: - Experian - Equifax - CallCredit If you are satisfied that the information about you is accurate, then you can set about rebuilding your credit. You should note that every time you apply for credit it slightly damages your credit rating, because multiple applications for credit may indicate someone who is 'desperate for credit', and they are not usually good at repaying what they owe. As such, you should start by opening a bank or building society account with a debit card attached to it, but no overdraft. Once the bank has several months worth of information about your transactions they can better judge how you handle your money. They are more likely to offer an overdraft facility to a customer with whom they have an existing relationship, than to someone who walks in off the street wanting credit. You should stay within your overdraft limits, and over a period of time your credit score will improve. You can then apply for a starter credit card (but these have a high rate of interest). You should therefore only spend on the card what you can afford to repay in full each month. This will demonstrate that you are worthy of credit, and can be trusted to pay back money loaned to you. It's important to note that credit files are a record of whether you stick to your agreement, not whether you have lots of money or not. That is to say that if you are loaned £10 or £1,000,000 - if you agree to pay back £1 at the end of the month and you miss that payment, it is recorded as the same 'default', or in other words you haven't done what was agreed. I'm afraid that there is no 'quick fix' to a low credit score - the whole system is based upon a history of showing you can be trusted with credit. Most credit records only go back six years, and you should be able to significantly improve your credit rating to the point of being able to obtain a 'standard' credit card with an average credit limit within 18-24 months.

by Arrain- 2 years ago