We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Advice on using a loan to get rid of all crdit cards

Rick_1138 · 2010-02-16 12:38:59

Hi all, I am looking for some views or recommendations about what i should do in my present situation. I have accumulated some debt over the last few years, nothing major, about 7k. i had got this down to about 4K, on a 0% balance credit card and was getting rid of it well, however there was an emergency last year and an…

Comments

hullight Posts: 524 Forumite

16 February 2010 at 10:59PM

If your bank doesn't pay the standing order for whatever reason the card company would hold you responsible. If the money was available but their direct debit didn't collect the money you would not be help responsible.

0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

Advice on using a loan to get rid of all crdit cards

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free