Got an MBNA C/C Written Off - March 2008!

noah271007

Cashpig74 wrote: »

Noah - you do not HAVE to read it - I suggest you to turn your attention to another thread to avoid your eyes from bleeding...

I was the OP and did not invite pointless comments. It was for benefit of other people who may have been told similar nonsense by such banks and lenders - and that they may find my experience useful to note.

I seemed to have attracted a bunch of uneducated jealous bounty hunters instead.

pity.

Who do you think you are? You have been reported CASHPIG!!!

normanmark

Cashpig74 wrote: »

thanks for that nomanmark - being patronised is always the lowest and most desperate attempt at attention. You are posting again because you cannot help yourself - you just "have" to be in with a cheap shot - it's what makes you tick..

No cheap shots here, only truth being spoken. You need a tougher skin.

Cashpig74 wrote: »

My affairs are my affairs, you have no idea as to how this situation came about for me. It took 6 months to resolve and it wasn't until the 6th week that I realised that my bills were higher than I had been QUOTED.

Well if you want to air your affairs in public expect people to question or query then, you can't have it both ways. You want people to understand? Then tell the whole story, i'm still of the opinion that you've been very 'selective' in what you've told.

Cashpig74 wrote: »

If a car salesman QUOTES you £1,500 for a car, yet you've found £3,500 deducted from your account - will you complain and ask for an explanation?

What if the sales MANAGER says the car was never quoted at £1,500 at points you to the small print..?

See where Im coming from? If I hadn;t mentioned gambling, this would not be the result of the posts in this thread.

I'd get it down in writing before even going through with the transaction. Where me & you differ is i will think twice before going into any agreement, i guess i could say its basic common sense. Learn the phrase 'Buyer Beware' and it'll put you in good stead for the future.

In fact, it was sa ports trading exercise - which didn't work out.

It's all gambling whatever way you want to dress it up. Didn't work out just screams failed bet.

I was happy to make a years worth of £25 payments to MBNA as PROMISED by their sales staff...

only they changed their minds when I questioned it...

Payments is always a minimum % of the balance per month, so unless you had a fixed balance through out the year, the amount you pay would always fluctuate. Common sense would have told you that.

Cashpig74

Payments is always a minimum % of the balance per month, so unless you had a fixed balance through out the year, the amount you pay would always fluctuate. Common sense would have told you that.

Are you saying that there was no offer or incentive on this card and that I mis-understood 5 people selling the card to me and that I am stupid?


And yes, it was a failed bet, hence thats what LOST means. Matters not, i have trading experience in other fields - didnt work out for sports.

I move on.

DO NOT so bold as to presumme that you know all about MBNA's promotional offers - do your research if you are going to tell me Im actually wrong othewise you run the risk of looking like a twwat..

NOT HARD.

exel1966

Interesting how the TROLLs usually come out on Sunday mornings !

Cashpig74

This thread is boring the Ar*e off me.

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thread closed

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PROLIANT

Cashpig74 wrote: »

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thread closed

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.........not

Kavanne

Cashpig74 wrote: »

I see so thats a kick in the nuts for everyone thats claiming mis-sold PPI. I think you;ve managed to insult almost everyone in the forum.

Congrats Mr Self Absorbed .smug "butter wouldn't melt"...

Oh please missold PPI is a whole different board game. Completely different to this situation!!

normanmark

Cashpig74 wrote: »

Payments is always a minimum % of the balance per month, so unless you had a fixed balance through out the year, the amount you pay would always fluctuate. Common sense would have told you that.

Are you saying that there was no offer or incentive on this card and that I mis-understood 5 people selling the card to me and that I am stupid?

I'm not saying that at all, but i've never heard of a fixed payment amount on a balance. Credit cards and payments work on percentages of balance, some do 1% and some do 5%. If someone is saying that £25 a month is all you pay then that will mean that you have a fixed balance on there with no further spending - an impossible thing to state.

The most incentive you would get on the card is 0% on balance transfers for x amount of months (when done with a certain period of the card being opened) and then 0% on purchase transactions (note, and big note here, not gambling transactions) for x amount of months.

What gets me is you wiping all responsibility from YOU reading the terms and conditions. 5 people all tell you to jump off a bridge - would you do it? You're seriously lacking in common sense if you're listening to 5 people and refusing to read the material yourself to familiarise yourself with the operating procedures of a card.

Cashpig74 wrote: »

And yes, it was a failed bet, hence thats what LOST means. Matters not, i have trading experience in other fields - didnt work out for sports.

I move on.

Well this might be a lesson to you that you might not have the experience to make the gamble work, especially after going through 6 months for it. I've got a funny feeling that you won't learn from this.

Cashpig74 wrote: »

DO NOT so bold as to presumme that you know all about MBNA's promotional offers - do your research if you are going to tell me Im actually wrong othewise you run the risk of looking like a twwat..

NOT HARD.

I know what im talking about when it comes to what credit cards offer. Most offer 0% balance transfers for a period of months or 0% on purchases for a certain period of months.

I can quite definitely presume and say that no card would offer 0% on cash advances (excluding Super Balance transfer).

The only person looking silly here today is you.

Kavanne

thinking here: there may be a 0% offer on purchases there and a max payment of £25 associated with that. However, as the OP made cash transactions on the account, these were charged at standard interest (and as such treated separately from the purchases offer) which was charged to him (as normal) otherwise he would have been compounding the interest which means the OP would have ended up far more in debt.

That could be a possible explanation for the apparently high payments. MBNA were just trying to stop you getting into more debt!!

Halloway

Kavanne wrote: »

thinking here: there may be a 0% offer on purchases there and a max payment of £25 associated with that. However, as the OP made cash transactions on the account, these were charged at standard interest (and as such treated separately from the purchases offer) which was charged to him (as normal) otherwise he would have been compounding the interest which means the OP would have ended up far more in debt.

That could be a possible explanation for the apparently high payments. MBNA were just trying to stop you getting into more debt!!

Until recently I held a MBNA credit card. MBNA recently changed the minimum payment to £25 or a particular % (I forget what it was), whichever was higher.

Question arises, what was the OP going to do when the interest-free period ended?