Tesco acceptance odd??

Col81 wrote: »

I asked why Tesco would give me the card thats all. I have done a soft search and no other provider will give me one.

They don't know you're in a DMP, and you passed their credit checks.


However, a DMP is an instrument that is meant to pay your creditors in equal (relative to the debts owed), but (generally) lower payments than the contracted amount.


Taking out new credit while on a DMP breaches this, because if you pay the new Credit Card in preference to the DMP payments, creditors can claim unfair payments and you can get the DMP called off entirely.


If you don't tell Stepchange and this happens, you'll have to go Self-Managed and the chances of further actions by your creditors increases if they're unhappy with other creditors being preferred over them.

Col81 wrote: »

Well i have no choice if debters want to be clever they can call it off i wont pay another penny all they can do is give me a CCJ and i will be £12k better of by not paying it. So good luck to them

You just stated you want to improve your credit viability in your OP, which means that you're contradicting yourself.


How are you going to pay this £1,000 credit card bill off?


If you have a budget surplus after the DMP, why aren't you saving it into an emergency fund already. if you have no surplus after DMP/living costs, how are you going to pay this off?


You can't hope for your credit to be "looking up" and threaten to walk away from the whole thing at the same time. This is why taking out more debt in a DMP is never a good idea. Did you even contact Stepchange for advice when you faced this bill to begin with?