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Playing catch up.
BEAT_THE_DEBT
Posts: 2,219 Forumite
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.
I can still make min payments on all.
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Comments
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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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