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BEAT_THE_DEBT
BEAT_THE_DEBT Posts: 2,219 Forumite
Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
in Credit cards
Hi i have always made min payments but have got one month in arrears on 4 cards (i know stupid) how can i catch up with no spare money to throw at them all do a concentrate on one at a time?
I can still make min payments on all.

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  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 12 January 2011 at 3:24PM
    Unfortunately, the arrears will have lead to additional charges on the accounts (usually £12 each) and the minimum payments on your next statement will also include the amount of the missed payments. You really need to find some funds before you get into a debt spiral.

    Edit
    If you have any savings then now would be a good time to use them to save yourself a fortune in charges.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
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