Credit Card Newbie MoneySavers Guide Discussion Area

mikey1927

swayze wrote: »

I don't beleive they actually contact your employers. They just like the information on their systems.

thank for the reply, reassured me, didn't want to give out contact details without warning my manager first and i don't particularly want my employers to know if i apply for a credit card

Too_Much_Telly

Too Much Telly
Can anyone tell me - I keep getting letters telling me my "current facility with us is appropriate." I cannot understand this as I do not have any CCJ's or anything which would make my Credit Score poor.

I have applied for a Credit Score from Experian (am having problems with this and have e-mailed them - don't know if this will make a blind bit of difference though).

My daughter said it will probably be because I do not work.

Too_Much_Telly

Too Much Telly
Can anyone tell me - I keep getting letters telling me my "current facility with us is appropriate." I cannot understand this as I do not have any CCJ's or anything which would make my Credit Score poor.

I have applied for a Credit Score from Experian (am having problems with this and have e-mailed them - don't know if this will make a blind bit of difference though).

My daughter said it will probably be because I do not work.

Is this correct? If so, are there any Credit Companies that will risk me, does anyone know?

I have applied for a Halifax Visa.

Thanks

nigel_starie

my girlfriend has 8000 debt on 3 cards ,all at 19 percent she has poor credit rating due to a previous boyfriends debt, although she owns her own house and earns over 38000 ayear ,i have no debts or credit cards also we are due to marry in oct (if this has any bearing on matters )and earn about 20000 can anyone advise the best way of reducing the credit card debts via a loan or spreading the debt over different cards??many thanx yours hopefully

rhett36

Hi all
Hope some one can advise me !
I have never had a credit card but i am seriously thinking of getting one.
I have a couple of store cards JJb & Argos interest on them is a bit high so i want a credit card to transfer the balances off them , but i dont know which one to get any advice greatly appreciated.

Llyllyll

rhett36 wrote: »

Hi all
Hope some one can advise me !
I have never had a credit card but i am seriously thinking of getting one.
I have a couple of store cards JJb & Argos interest on them is a bit high so i want a credit card to transfer the balances off them , but i dont know which one to get any advice greatly appreciated.

Read this (http://www.moneysavingexpert.com/cards/credit-cards-main-guide) first as it depends on your circumstances.

Llyllyll

nigel_starie wrote: »

my girlfriend has 8000 debt on 3 cards ,all at 19 percent she has poor credit rating due to a previous boyfriends debt, although she owns her own house and earns over 38000 ayear ,i have no debts or credit cards also we are due to marry in oct (if this has any bearing on matters )and earn about 20000 can anyone advise the best way of reducing the credit card debts via a loan or spreading the debt over different cards??many thanx yours hopefully

As above - read this (http://www.moneysavingexpert.com/cards/credit-cards-main-guide) and this (http://www.moneysavingexpert.com/loans/debt-help-plan#cut) first. Post back if you need any specifcs after that.

HTH

rhett36

Hi Llyllyll
thanks for your reply , i had read that information before i posted on here, im still confused as to which one to get. I owe about £400 on jjb & argos all together as i said interest a bit steep , i dont have a bad credit rating i work full time, just want a card to transfer this onto to pay off.

boroprivate

Dear all,

I came on this site after hearing martin on radio 1 today. He was a breath of fresh air to me as i thought i was totally in the dark over my finances. what a great help he is.

Can I ask for some help of you fellow users.

I have debts of around £4500.

£1000 is due to a flexi loan with HSBC
£1700 is due to a student overdraft with Llyods tsb (which i would like to clear)
and the rest is to a friend who i would like to pay back.

I have read Martins article on credit cards and have come to the conclusion that the &MORE Credit Card is the best solution for me as it offers a low rate for the life of a balance transfer. this is because i do not fancy being a tart as they say. too much hassle.

my main question is can i pay off a all the above debts with this card by transferring balances?

any suggestions or advice would be welcome.

Many thanks

richie.

ps i am thinking of doing the debt diary thing people are doing on one of the forums, how do i go about this?

thegoodman

hello,
You can do this as long as your credit card limit is £5000 or over. However in most cases unless you have a highly paid job you will get the limit of £1000 to £2000. In this case you may need to take up more than one card.
Regards,
Goodman