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Looking for Balance Transfer but Unemployed
Paul-B68
Posts: 1 Newbie
in Credit cards
Hi, this is my first ever post here so hope I've got the right board 
I owe more or less £9,700 on a credit card and want to transfer the balance over to a different card as I can no longer afford the monthly repayments. I phoned Virgin Credit Card this morning and was turned down on the grounds that I am unemployed and was told that this will probably be the case for most credit cards.
Is there any credit card companies that will take on someone that is unemployed?
I owe more or less £9,700 on a credit card and want to transfer the balance over to a different card as I can no longer afford the monthly repayments. I phoned Virgin Credit Card this morning and was turned down on the grounds that I am unemployed and was told that this will probably be the case for most credit cards.
Is there any credit card companies that will take on someone that is unemployed?
0
Comments
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You wont get one at 0% or one with a very high credit limit, you may be able to get one of the sub-prime ones (vanquis,capital one) but the credit limit will be tiny.
You are probably better entering a DMP, you shoul go to the "debt free wannabee" board they will be able to help you more.
Kaiser0 -
I do not think you will be able to transfer your debt to a different lender becasuse what is in it for them?...............................I have put my clock back....... Kcolc ym0
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You may be able to reduce your costs using credit cards you already hold. For details, see Martin's *Credit Card Shuffle*article.
http://www.moneysavingexpert.com/car...-card-interestPeople who don't know their rights, don't actually have those rights.0
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