Trying to close settlemy credit cards

weewizard69

debrag wrote: »

yes that is the way to go

Cool,

How do I put info like what you guys have on your footers about debt, ammounts when your debt free etc?

debrag

go to 'use cp' which you will find near the top, you will fidn a link in their to edit your signiture.

weewizard69

weewizard69 wrote: »

Guys

I have a number of credit cards:




I have been granted a £5k loan to pay of the majority of the cards.

This loan is with Black Horse:

APR 33.9
5 years@ 160.70 - Reviewed every 6 months

I have a poor credit rting 1 x CCJ, 2 x Defaults, arrangments plans on all cards.

I have strugled to get any reduced full and finals of the creditors except for RBS and YB / Cabot.

Most creditors just dont want to know. :-(

Any thoughts on my situation before I sign to this loan greatley appreciated.

Thank you,
Richie

** UPDATE **

Hi Guys,

Well I tried my utmost to wipe my debt and todate I now only have one outstanding ammount to pay off and that is Barclays Master Card £1,800.

I have paid the rest of since I first posted my problem on here.

Very please, this account should be paid of in 6 months

Cheers

Rich

:T

tenmah

Well done, that is excellent news

kindofagilr

Thats excellent news I am very pleased, I was sitting here thinking please dont take the loan, please dont take the loan.

weewizard69

kindofagilr wrote: »

Thats excellent news I am very pleased, I was sitting here thinking please dont take the loan, please dont take the loan.

Yes Im glad I didnt, I was near desperation.

I will be debt free in say 6 months and also by the time Im out of my fixed term mortgage next may I will have a clean credit rating to, which means better deals on my mortgage.

I have noticed my credit rating increase over say the past 4 or so months as my debt has reduced.

I even obtained a new phone on a contract after having a credit search done by O2.

Again a good sign !!

Feeling alot better than I did a year ago.

And one last thing, spooky really, its a year ago to the date "almost" that I first posted.

Regards
Rich

:j