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!
barclay card/ payplan
lindann_2
Posts: 272 Forumite
we got our barclay debt down to £146.00, which we pay pro rata, with payplan.
we now get statement, where it is showing the interest that has occurred, when we do not know because they said they would freeze interest charge,
which is another £800.00. so figures do not match..
what happens when we pay our figures to payplan in full.
l asked this few times, because we are nearer the end of payplan payments, any advice l would be very grateful
ty xx
we now get statement, where it is showing the interest that has occurred, when we do not know because they said they would freeze interest charge,
which is another £800.00. so figures do not match..
what happens when we pay our figures to payplan in full.
l asked this few times, because we are nearer the end of payplan payments, any advice l would be very grateful
ty xx
0
Comments
-
Payplan will ask your creditors for up to date balances towards the end of the plan. They will then correct their records to agree to what the creditors say you owe.
You could try writing to barclaycard and ask if they will reconsider freezing interest again.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
It is worth noting that the Payplan figures are basically worked out on the latest information that you have supplied them less any payments that you have made on your DMP.
Unfortunately if the last information Payplan had is quite old then any charges and interest that has been added to your Barclaycard account since then will not have got to them unless you sent the info to them. It is worth keeping them updated as much as you can to save any more liittle surprises as your plan draws to its end.
I would agree with Tixy in that it is worth both you, but also get Payplan to write too, and try and get the interest charges stopped again.adde parvum parvo magnus acervus erit
Add a little to a little and there will be a great heap
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards