credit card charges

caz1976

hi i need some advice for my mom she has got a barclaycard debt of over 2000 pound she has been struggling to pay it over the last couple of years and its still no lower because of interest charges for the last year they put a hold on the interest charges but have now put them back on she is 68 and cant afford to pay it since the start of the debt she has most likely paid what she originally owed in full but with the interest on top she still owes loads it was mainly cash she had off the card is their anything she can do to write off this debt as its not ever going down the thing is she dont want to get a bad credit score any advice would be great thx

gonzo127

to be honest you probably wont be able to write off the debt, and really why should they write it of, they did originally give the money to her in good faith and she has spent it, and she will have known about all the interest charges etc when she took it out

this being said you can check the unenforceability thread to see if there is a way of this being unenforceable, however this will affect her credit rating

however at 68 and already struggling to pay what she already owes why she would care about being able to get more credit is a bit crazy really

the other thing to do is to ask them to move it onto a life of balance card (barlceycard do one which is at 6.9% interest for exsisting customers) this will not really affect her credit rating, however she would then not be able to use the card since the interest on anything extra she puts on it are killer

what other debts does she have?

have you sat down and done a SOA (statement of affairs - link in one of the sticky threads on this forum) with her to try and help her budget a bit better to work out how she can try and afford to pay this

DarkConvict

You can't claim back interest charges, only admin charges over £12.
Interest is the company profit, like you get interest of savings. As she had done cash withdrawals i feel this is a case of irresponsible lending rather than borrowing.

As above if the card is older than april 2007 - read this - http://forums.moneysavingexpert.com/showthread.html?t=2305463

Otherwise, write them a letter explaining the situation and her age and ask as above to move it to a lower interest card with new spending disallowed.