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    • SallySaunders
    • By SallySaunders 16th Mar 17, 8:49 PM
    • 8Posts
    • 0Thanks
    How much over the minimum payment should I pay to avoid getting the 'marker'
    • #1
    • 16th Mar 17, 8:49 PM
    How much over the minimum payment should I pay to avoid getting the 'marker' 16th Mar 17 at 8:49 PM
    Hi there

    I took out a "0% for 24 months" credit card with my bank in October last year (Lloyds). I decided to pay the minimum payment until just before the offer ends and then pay off the balance in full. Thought I'd just keep my savings to myself for a while. I've borrowed 4,000 but the credit limit is 11500 (an amount I never asked for!

    Anyway, I had a letter from them yesterday saying that they'd 'noticed' I was only paying the minimum amount and I should consider upping my payments.

    I'm afraid to say that I hadn't realized that only paying the minimum amount would lead to a 'marker' being placed on my record with them ...

    So could anyone tell me for sure how much extra I'd need to pay to get this marker removed? I've searched through the threads and there seem to be different opinions. Some say just a pound will do, others that it should be more than that.

    Many thanks in advance ...

Page 2
    • nic_c
    • By nic_c 20th Mar 17, 9:11 PM
    • 754 Posts
    • 470 Thanks
    @Sally sounds a good idea. You have the funds, don't need more credit and paying just above will avoid the marker.
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