📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Credir Card interest help

freemo
freemo Posts: 41 Forumite
Was previously self employed, I currently have no work so have just signed on Job Seekers Allowance. Hopefully this is just a temporary blip, but at the moment credit cards are max'd out and need help with repayments, if only for a few months.

What is the procedure and the correct terminology to ask them hold off on the interest so I can make at least some small payment until I get back on my feet, without getting into arrears.

Can I do the same for a personal loan?

Are there any drawbacks in doing this?

Freemo

Comments

  • CannyJock
    CannyJock Posts: 3,838 Forumite
    1,000 Posts Combo Breaker
    Best to repost on the Debt-Free Wannabee board, they'll be able to give you more advice there.
    "A child of five could understand this. Fetch me a child of five." - Groucho Marx
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.