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How much do they know?????

May seem a silly question, but as I have 7 credit cards, does one card company know how much I owe on the card for another company???? Thanks in advance for any replies.

Comments

  • Hello speedshop.

    I believe that a credit card company can have a look at your credit file, which will then show them what you owe on other cards, etc.
    *Official DMP Mutual Support Club Member No 147*
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    I have no idea what I'm talking about!
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    A credit card company will only have access to information that you provide, or what is available on your credit file. Your credit file will show a lot of information including other debts inc who with and their balances/limits, repayment history, previous addresses etc.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • Thanks WhoopieDoodle/immoral_angeluk....I thought as much. They can see what is happening to me and I bet they are running a book as to when i will "cave in"....:mad:
  • RAS
    RAS Posts: 36,413 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi

    Sounds like you need a bit of help? Do you know about the snowball on www.whatsthecost.com? This shows you how to pay off your debt most effectively.

    And you could post a SOA on here, so we can help you cut costs and find money to clear the debts?
    If you've have not made a mistake, you've made nothing
  • hi speedshop are you ok?do you need some help? we are all a nice bunch on here so please just say if you do need some help!:D
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