We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

changing credit card

Options
hi can anyone advise please? I was made bankcrupt in 2007 and dischrged in 2008. I have held a barclaycard with a horrendous interest rate since then (29.6) and have been happily paying it off in full every month if I used it at all. Alas, my car went wrong in June and daughter got married etc etc- now its up to £1600 and it will take ages for me to clear. What are my chances of being accepted by another card company and any suggestions? i dont want to makemy credit rating worse by getting a refusal but I dont want to give the banks my money- they had enough of that in the past!! Thanks

Comments

  • Doucam
    Doucam Posts: 1,130 Forumite
    Tbh there isn't a great deal you can do, any credit card is going to be a high interest rate, some may be even higher than what you are paying.

    You will just need to budget and pay it off as soon as you can, and then see about savings so you don't get into this situation again!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.5K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 256.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.