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MBNA Aaagh!!!!!!!!!!!!!!

Im on a DMP with the CCCS and one of my creditors is MBNA :mad: they still send me a statement each month and i have just noticed that they are still charging me interest. I pay them £50 a month and they are charging me 33.97 interest which means i am only paying £16.03 a month. Its going to take me forever to pay this off

Can they do this? What should i do the full debt is £2180:mad: :mad:

Thanks in advance

Comments

  • Firstly have you spoken to the CCCS, if so what do they say?

    Otherwise a direct apparoach to MBNA would be your best option, are they charging you reduced interest at all? Call ask for lower interest?

    Will your circumstances change as you may more of your debtors? If that is the case then eventually more money will go to MBNA so it may not take as long as you think.

    Hopefully someone here will have a genius answer for you
    Official DFW Nerd Club - Member no. 102:D
    Proud to be dealing with my debts
    "I want to break free"
  • kickingkay
    kickingkay Posts: 314 Forumite
    Hi im also with CCCS and have outstanding debt to MBNA, you are paying more than me and i owe alot more than you check whether you are still paying PPI if you are they will not stop any interest i had battle after battle with them chucking it back to virgin (who the card is with ) both companies stated they didnt have the autority to stop interest but one guy let slip about the PPI
    my interest does appear at this present moment in time to have stopped
    kope this helps
    LIGHT BULB MOMENT, JUST IN THE NICK OF TIME!

    DEBT JAN 2006 £83000:eek:
    DEBT MAY 2007 £40000 :eek:
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