Credit card debt probs, good credit history?!

captaincurry79

Hello all, i have some probs with credit card debts, I owe £25k over 4 cards.

I did have a ccj from a few years back, but was settled and has since come off, I have been moving balances around to keep the rate down, but starting to see some problems, I never late pay or miss payments, and on my credit report I am regarded in Good/Excellent, Equifax of 452.

I thought i would open a new account with First direct, all was well, they gave me a c card £1600 limit and a current account. Which i am switching to.
I was going to do a balance transfer, and they said do i want to increase the limit?! I said yes as i wanted to move £2k.
They then said we have looked further into your commitments and are withdrawing your card completely.

Also I have tried to apply for a loan to pay off the more expensive cards, and been declined!

Finally i had tarted some money off my sainsburys, and now has a nil balance, they have reduced c/limit from £4k to £100!

What can i do? what am i doing wrong?

Cards= £6700 mint @LOB 7.9%:p
£2300 barc @6.9 LOB:p
£9000 lloydstsb @11.9%:eek:
£7000 Virgin 0% until June 10:cool:

Also, my £100 limit sains card is it better to cancel this? also i have a next store card with £30 owing £3600 limit, is it better to cancel this?:mad:

Endevouring to straighten things out!:A

CLAPTON

your rates aren't too bad

however any potential lender will view your debts of 25k seen in relation to your income and other outgoings (e.g. mortgage)

captaincurry79

Would it be better to cancel my sainsburys card then? I guess so!