Vanquis Bank is a UK based credit card company established in 2002 by the Provident Financial Group. The bank specialises in offering credit cards to customers who have poor credit history and are not eligible for cards from elsewhere. With over 1.8 million customers, Vanquis helps individuals with bad credit ratings to build a strong credit profile. The bank helps the customers in managing their finances and credits by offering low, easy to manage credit limits initially, which can later be increased depending on how responsibly the account has been managed. The bank also monitors any suspicious activity on the account, keeping it secure from any fraudulent practices.
Vanquis offers a simple credit card application process to its consumers along with flexible repayment methods. It also provides interest free credit upon meeting a certain given criteria. The card, like all other credit cards, can be used to shop online or over the phone and gives those with bad credit an opportunity to buy things now and pay for them later.
Vanquis provides credit to variety of people who would otherwise struggle to avail common financing options when making purchases. Vanquis services all kinds of individuals, from those with poor credit to the ones who have been declared bankrupt or have a County Court judgement against them. Credit is also available for divorced or separated people, low and minimum wage earners and to people who are new to UK.