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freezing interest on credit cards

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HI,

this is my first post.started DMP in Jan 2010 most of our creditors have reduced or stopped interest BUT barclaycard are still charging about
12 % on 2 of our cards which is still pretty high.

has anyone out there managed to get them to stop charging interest.

Its going to take even longer to pay off our (not insubstantial) debt

~£45,288 to ...MBNA Natwest Bank of Scotland Egg Santander

But going down not up:)

Comments

  • DarkConvict
    DarkConvict Posts: 6,346 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It is goodwill for them to freeze it, ou can't force it, but you could try sending them a letter, templates are available here - http://www.nationaldebtline.co.uk/england_wales/debt_advice.php#6

    Click on the suitable one in the list.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
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