I had never heard of vanquis bank/loans before I received the first of what turned out to be twenty-two more persistent and harassing emails from the company! Vanquis have helped me improve my credit rating when other companies would offer me no credit. I then have… Not only that but they are also other interest and withdrawal charges that you end up paying that Vanquis don't make very clear once that you sign up with them. We have got into financial difficulty due to no fault of our own as my husbands work hours have been reduced. Read Full Review, Written on: 01/08/2016 Vanquis also have to report to The FCA that they have received your complaint. But we were advised to try and get them to freeze interest after this time so we could try and reduce the balance and that's where the problem begins. Great. In just one month my credit score went up by 100. Read Full Review. Vanquis take ages just to get a miserly reduction in interest rates, never increase credit. I now have an excellent rating, mostly because Vanquis made it easy to manage my card. First time I queried was advised that I pay card to quickly. The Vanquis App makes it even quicker and easier for you to manage your account on the move. The Vanquis credit card has great customer reviews and can be a good credit-builder card, so long as you will stay under your credit limit and pay on time—and ideally you can pay the full balance each month since, as a credit-builder card the rates are higher than average. Sydney275 (1 review written), Very bad people, they will lend you more than you can afford, they charge extortionate rates of interest plus additional charges. Avoid at all costs, Stay within your credit limit and pay on time and it does help build up your credit score, Fair, but high interest rates. This website uses cookies to help enhance your user experience. However good communications, 100% payment every month and never increased credit limit so got rid of the card. Read Full Review. I would recommend vanquis to someone whom I knew would use it responsibly and in the current economic climate I feel it is a source of credit that is invaluable. very helpful staff when a query is required. Great little card, gave me a card even though I had a bad credit rating. Vanquis Reviews 3.73 / 5Great overall rating Vanquis Bank has helped over 3 million people (figure correct as at Dec 2015) improve their credit rating by providing them with credit cards. Despite high interest rates, as long as you keep within your limit they are actually a good company and helpful if you need to contact them. I haven't been a customer for long but am very happy with how easily I can make payment, set up Direct Debits and access education pages for more complex features. Jaslenei79 (1 review written), by I've had a Vanquis card for 4 years and have always paid in full by DD. I have never once applied for a loan anywhere and even if I wanted to, I most certainly wouldn't even consider using Vanquis, because their constant behaviour has been disgraceful! Korbin48 (1 review written), The interest rates on this credit card are absolutely extortionate. " First time I queried was advised that I pay card … Paid off now, but never again.. Diabolical customer service, incompetent all around Vanquis were the only company who would give me a credit card. Vanquis is part of FTSE 250 listed Provident Financial Group, which comprises four companies – Provident (home credit/doorstep loans), Moneybarn (vehicle finance), Satsuma (pay day and short-term loans) and Vanquis (credit cards, personal loans and savings). I called dthmw on Monday and was told I would get a call back the next day (now Thursday and yet still no call). by I have always paid on time and never missed any payments . As a credit-builder card, it can be used for improving your credit rating by giving you the chance to demonstrate good account management. The app is brilliant. It's a money making scheme that you don't want to be involved with… Go online Ro ceoemail and search for the CEO contact him and I will put my house on it,it'll be dealt with within 48hrs, Thanks, yeah I agree completely. by How do you do this? It is now helping me build up my crdit rating, which I am thankful for. It's a money racket scheme set up by the CRA to part with money. Vanquis have a complaints procedure if you feel you are getting chased too much with three phone calls a day plus other communications. Interest rates are extremely high . 2 min Read Published: 09 Nov 2020. Vanquis have a helpful customer service but never be late with a payment. Totally unhelpful when you are struggling to meet your payments and outrageous APR's.. How can you justify £250 payment on £3,000 outstanding.. Total rip off. Do not tryst (3 reviews written), Thei customer service is shocking. Never miss one payment or you can expect based on my experience excessive Debt collection... Never miss one payment or you can expect based on my experience excessive Debt collection with The first credit card is the Vanquis card… Smart Money People has recently partnered on an in-depth study into the Mortgage Market with DPR Group - the UK’s market-leading and fastest-growing provider of technology to the retail, lending and commercial banking sectors. Because I'd lived in Europe for 16 years, I had a low credit score in the UK. I have 2 other credit cards with other providers at a much lower interest rate. To calculate the top 5's we take the following factors into account: Vanquis Bank Credit Card - Ask a question now, “If I could give 0 stars I would - Stay away”, Hangzhou EKKO Auto Parts Co. Ltd - www.ekko-rubber.com. I've tried speaking to customer services about it, yet they rad from scripts and are unhelpful, rude and lack manners. Written on: 30/10/2016 The downsides of credit builders include higher interest rates, but this card boasts Vanquis Bank’s best rate, and if you pay off your balance in full each month you’ll be able to take advantage of the card’s grace period of up to 56 days of 0% interest on purchases each billing cycle (this doesn’t apply to … Get real mate they're only checking you'll be able to make the monthly repayments. Read Full Review, I've never had a problem with Vanquis....they have always been polite and courteous to me and have dropped the interest rate so I do not understand the negative comments posted on here?… Confidentiality v Ridiculousness A monthly donation to Wikipedia is always blocked. Read More, " Use the tools below to refine your search by only displaying reviews with a certain number of star ratings or to only show reviews from a certain time period. 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