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Interest MBNA Credit Card!!!
Harman83
Posts: 80 Forumite
Hi All,
Im sure I am not the only one who pays an absolute fortune on credit card interests...........Amongst others that I wont go into I have a card with MBNA which I owe about 2k on. The interest is massive and each month all I can pay is only slightly more than the minimum payment which does not knock the balance down at all. I cannot get accepted for any other credit cards on a 0% balance transfer deal. Is it worth me writing to them and asking if they can reduce the interest............or will they just laugh at me. I have tried ringing them but they don't seem interested, obviously they are making easy money out of me. It would be nice just to see a small chunk start to come of this particular card.
Any ideas would be appreciated........hope Im not the only one???
Cheers
Im sure I am not the only one who pays an absolute fortune on credit card interests...........Amongst others that I wont go into I have a card with MBNA which I owe about 2k on. The interest is massive and each month all I can pay is only slightly more than the minimum payment which does not knock the balance down at all. I cannot get accepted for any other credit cards on a 0% balance transfer deal. Is it worth me writing to them and asking if they can reduce the interest............or will they just laugh at me. I have tried ringing them but they don't seem interested, obviously they are making easy money out of me. It would be nice just to see a small chunk start to come of this particular card.
Any ideas would be appreciated........hope Im not the only one???
Cheers
0
Comments
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Write out and ask them to freeze or reduce the interest, there are template letters on National Debtline website. They might say no but you don't ask you don't get!0
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