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Vanquis Card Puzzling Situation


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Not sure if this has happened to anyone else but I have a CC with Vanquis Bank. It has a limit of £1000 and my balance is just under that. I did dispute earlier in 2009 some charges that had appeared due to the stupid timing of them taking a DD for payment then adding interest and PPI. Anyway got some of that refunded which was fine. I have however been looking at my Equifax report as at todays date and its showing the full account paid off and SETTLED with a Zero balance. What would happen if I didnt pay them anything else.

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Whilst weird, its not unusual. How long have you had the card? I had a Cap1 card and it took several months before it changed on my report. Make sure you pay as long as you can afford it. If you don't, you will get a default notice etc.

August 2010 - Debt Relief Order Ends! :)

Complaint with FOS re: Bank Charges - Financial Hardship

 

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I have had the card two years and whilst I agree that if it was a fairly new card it may take a while to update it shows all the months before hand then goes to zero and says settled which implies the account is paid in full and its not

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Mmm thats very strange. If the statements say you have a balance, I'd go by that. Or try ringing them and see what they say, maybe they sent the entry to the credit agency wrong.

August 2010 - Debt Relief Order Ends! :)

Complaint with FOS re: Bank Charges - Financial Hardship

 

Email me for advice on DRO/DMP

 

If I have been of any help, Please tickle my scales

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