Hi, I am fair new at rebuilding my credit just like a few of the users here.
I have not had a terrible history with credit only unfortunate thing is a default which i have on my record. At the time this came on i did not know its implications and thought it was wise to just ignore them. I have now paid the defaulted amount in full since i am now in a very good job.
The reality is i do not really need a credit card as i am satisfied and can live off my wages however i see it is important to have one in restoring or establishing good credit.
I mainly have 3 accounts with orange and have never missed a payment over the last 3 years.
My question here is which card is best for me in getting and establishing good credit. I realize it is good if i get one off the high street banks but i currently do not bank with any of these high street banks. Would aqua or vanquish be the best option.
Would also like to understand the rates these cards come with. i intend to pay off in full when i obtain a card. What is the meaning of balance transfer as opposed to purchase credit cards.
any information is welcome. thanks
nb;looking to open a nationwide basic account then gradually progress that into a full current account
I have not had a terrible history with credit only unfortunate thing is a default which i have on my record. At the time this came on i did not know its implications and thought it was wise to just ignore them. I have now paid the defaulted amount in full since i am now in a very good job.
The reality is i do not really need a credit card as i am satisfied and can live off my wages however i see it is important to have one in restoring or establishing good credit.
I mainly have 3 accounts with orange and have never missed a payment over the last 3 years.
My question here is which card is best for me in getting and establishing good credit. I realize it is good if i get one off the high street banks but i currently do not bank with any of these high street banks. Would aqua or vanquish be the best option.
Would also like to understand the rates these cards come with. i intend to pay off in full when i obtain a card. What is the meaning of balance transfer as opposed to purchase credit cards.
any information is welcome. thanks
nb;looking to open a nationwide basic account then gradually progress that into a full current account