Will the CC company reduce the apr if you agree to stop spending?

Dog_on_wheels

Sorry if this is common knowledge (it's not really my area) but I have a card with RBS and tried to get another card to switch to a 0% apr but I have been rejected by the three applications I made to various cards (on the same day)

I just wondered if you phoned and said along the lines of I will pay off e.g £300 per month until I have paid off my £6000 debt if you will reduce the apr for this period.

Would they do this? and if so, would it affect your credit worthiness in the future?

Thanks.

pre123

only way to find out if they would do this out is to call them!!!

Innocent_Guy

If they mark as "Arrangement to pay" this will deffo affect your credit worthiness

Parki_2

I still managed to get the Capital One card with the note "On A Debt Management plan". I am no longer on it but what effect would that be having on my credit then?