MBNA won't budge!! Please help

maxineperry

I have and £8200 balance on a MBNA credit card (never again!!). Its been at a 0% intrest rate but unfortunately this ended last week. I called MBNA to ask if we could renegotiate the deal and they have flatly refused and the rate is now 29.9%!! The sheer intrest on the account is now £180 per month.


Despite mine and my husbands credit score being good on experian, we have both been turned down by three other lenders for a new card (to transfer the balance). This confuses me??

To make matters worse i was made redundant in Novemeber and only started a new job last week on a trail period. The pay is no were near as much as i was earning before so i know im going to run into difficulties to pay it.

My credit score will be ruined, then i wont stand a chance in hell of clearing the balance .

Any advice???

jonesMUFCforever

Pop over to the debt free wanabe forum.
Try to sell something to put towards your debt may be one solution.

CLAPTON

it might be best to check all three credit agencies to see if there is anything unfavourable on them.

otherwise/as well you need to consider your income and spending and see where you can make some extra leeway to make the payments

as jones says, the debt free wnanabee forum will be able to offer advice