template letter to freeze intrest

littlepinkstars44

anyone have a link to a template letter to a creditor, asking to freeze intrest on the acount?

SecretSquirrel88

I dont have a letter, but I sent an email and complained and they lowered the interest rate by 10% plus froze it for a month. good luck

GeorgeUK

Here are some of the nationaldebtline letters
http://forums.moneysavingexpert.com/showthread.html?t=1188723

Not sure if this is what you are looking for though.

littlepinkstars44

thanks. I have tried emailing them, but no luck with that.
APR just now is at 38.9% and i can't afford it.

GeorgeUK

Can you transfer to another account or get another credit card (at 0%?)?

If you join a credit union, you may be able to get a loan at a better rate but you usually need to be a member for 2 or 3 months. I don't usually advise consolidation, but that is a horrible interest rate.

Have you missed payments on this card, or is it part of a DMP? If so can you request a copy of the CCA?

littlepinkstars44

GeorgeUK wrote: »

Can you transfer to another account or get another credit card (at 0%?)?

If you join a credit union, you may be able to get a loan at a better rate but you usually need to be a member for 2 or 3 months. I don't usually advise consolidation, but that is a horrible interest rate.

Have you missed payments on this card, or is it part of a DMP? If so can you request a copy of the CCA?

whats a dmp or a cca?

its a catalogue account. no i can't get a credit card, my credit rating is very bad.

GeorgeUK

sorry - thought you had been around a while and knew the jargon. Must have been another pink something

DMP = Debt Management Plan - usually advised to go through CCCS or Payplan.
CCA = Customer Credit Agreement (If signed before 6th April 2007, the agreement must have certain terms on it to be legally enforcable)

littlepinkstars44

GeorgeUK wrote: »

sorry - thought you had been around a while and knew the jargon. Must have been another pink something

DMP = Debt Management Plan - usually advised to go through CCCS or Payplan.
CCA = Customer Credit Agreement (If signed before 6th April 2007, the agreement must have certain terms on it to be legally enforcable)

no, no dmp.
i don't think i signed anything as it's a catalogue account with additions, and i signed up online

GeorgeUK

I'm not sure about online applications. If it was before April 2007, it might be worthwhile doing a search on that. I would make a written request for the interest rate to be reduced, then possibly look at a credit union if no joy on the CCA.

littlepinkstars44

GeorgeUK wrote: »

I'm not sure about online applications. If it was before April 2007, it might be worthwhile doing a search on that. I would make a written request for the interest rate to be reduced, then possibly look at a credit union if no joy on the CCA.

thanks, i'm not sure when i signed up with them, but i don't think it was before then.

littlepinkstars44

have the letter all ready to go today!