reclaiming credit card spend (not just penalties & charges)

twok

Hi All,
A mate of mine was telling me earlier about a chap he met recently who told him that, due to some 'loophole' in the T& Cs of any credit cards issued prior to April 07, it is possible to persuade the credit card company to write off any balances owing without any adverse effect on your credit worthiness.

I am aware of claiming back any unfair penalty charges that credit cards have been charging but this is a new one on me. Any one else heard of this or have any experience or know what the T & Cs pre April 07 this might refer to?

TIA

NickX

This comes up regularly now, see the below threads for discussion :

http://forums.moneysavingexpert.com/...CA+written+off

http://forums.moneysavingexpert.com/...&highlight=495

I have yet to see a post from someone who has completed this process, and would be interested to hear the details, so if you do it please let us know how you get on.