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!
freezing interest on credit cards

greygirl61
Posts: 5 Forumite
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:)
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:)
0
Comments
-
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 deficiencies0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards