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UK Credit Cards for People with Adverse Credit
Individuals with a history of poor credit usage are often described as having
adverse credit. An adverse credit history can include County Court Judgements (CCJs), defaults and arrears, late payments and bankruptcy. When an individual makes an application for
a credit card, the issuer has the facility to search the person's credit files to determine whether they are credit worthy or not. The information contained in the files may then be used as part of the lender's decision-making process.
Fortunately there are credit cards available to apply online which are specifically designed for people with an adverse credit history.
An adverse credit history does not exclude you from obtaining a credit
card.
Adverse Credit Cards UK
| Card |
Intro Rate
Balance Transfers |
Intro Rate
Purchases |
Representative APR
(variable) |
|
 Capital One Classic
Capital One,
Trent House,
Station Street,
Nottingham, NG2 3HX
|
34.9%
(Fee: 3%)
|
34.9% |
34.9% |
|
|
More tolerant of individuals with poor credit history
|
Representative Example
34.9% APR representative variable
34.94% p.a.variable on purchase
£1,200 credit limit
|
|
 aqua
|
-
|
35.9% |
35.9% |
|
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Suitable for self-employed applicants or individuals with a poor credit history
|
Representative Example
Your interest rate for purchases is 35.95% p.a with a representative 35.9% APR if you borrowed £1,200 and repaid it over 12 months
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 Vanquis Visa
|
-
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39.9% |
39.9% |
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Suitable for people new to credit or people with poor credit record
|
Representative Example
Purchase annual interest rate 39.94% (variable)
Amount of credit £1,000
Representative 39.9% APR (variable)
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