rip off

candy22_2

hi my names nicky ive just joined and am in serious need of good advice ??? im with barclays bank i have a barclays credit card i have used all of my 4,500 limit and i am being charged 110 pound a month most of which goes to interest payments and insurance coverage i am self employed and very worried is there anything i can do to bump this interest rate down it is almost impossible for me to transfer my balance as im am self employed what can i do :'(

Robert_Sterling_3

it is almost impossible for me to transfer my balance as im am self employed what can i do  :'(

I was not aware of this rule.

realaledrinker

One thing you might double check is your Repayment Protection Insurance, which normally does not cover self employed people. Maybe a bit of a saving there if that is the case plus a case for mis-selling compensation off the CC company??

realaledrinker

have you spoken to your bank about a personal loan, which are widely available at around 6-8%, although rates may be dependent on a credit score.

candy22_2

cheers everyone ill get in touch with experian see if that helps me

Dwayne_Dibley_3

I would say it is the best place to start.

Good luck

deemy2004

hi my names nicky ive just joined and am in serious need of good advice  ??? im with barclays bank i have a barclays credit card i have used all of my 4,500 limit and i am being charged 110 pound a month most of which goes to interest payments and insurance coverage i am self employed and very worried is there anything i can do to bump this interest rate down it is almost impossible for me to transfer my balance as im am self employed what can i do  :'(

Does your insurance covered self employed ? Check that out, if they new you were self-employed when they gave you the card and your not covered, then claim all the premiums back cos its mis-selling.

Why can't you move the debt ?
Have you tried to move it ?