Lloyds tsb credit card struggle

Cash_Flow

annie2005 wrote: »

When the cards were originally issued they were done so under Visa terms and conditions. With the transfer to Mastercard different terms and conditions apply. They are using different criteria to manage the card accounts that they took over. Partially because of the credit crunch but also because of the very lax checks that were carried out under the Visa years. I was trying to say that if you haven't dealt with them since the change over be prepared for a much tougher time.

I understand what you are saying, but you give the impression that Mastercard now opperate credit card accounts on behalf of LLoydsTsb:rolleyes:

mrcow

Cash_Flow wrote: »

If you have a good credit rating with your bank? have you thought about taking out a loan to consolidate your debts and hopefully reduce your monthly outgoings?

This is not a good idea.

It's a last resort plan.

It will prove more expensive and you'll loose any flexibilty that you now have.

Cash_Flow

mrcow wrote: »

This is not a good idea.

It's a last resort plan.

It will prove more expensive and you'll loose any flexibilty that you now have.

What flexibility? the OP is committed @ £170.00 per month on her credit card:rolleyes: