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Balance Transfer for newly unemployed

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Hi - I was made redundant a few months ago and in a bid to save money (as I've not yet been successful in getting a new job), I'd like to balance transfer my credit card debt. However, I don't know where I stand now with new credit card applications without being employed and therefore having no income. Please can anyone give me some advice or pointers as to how to go about this? Thanks :)

Comments

  • Hax
    Hax Posts: 890 Forumite
    I don't think you'd be able to get a card whilst unemployed as you will have to state this on the application and also state your reduced income which will, I assume comprise of JSA, Housing Benefit, etc...

    That said - maybe you have another source of income such as property rental.
    My posts are my own opinions based on my experiences and info gathered from sites such as this.
    They are not a substitute for professional financial advice - but you knew that already didn't you? ;)
    VSP 2011 - Member #25 - Started 6th December 2010 - Total As Of 4th May 2011 (21 weeks in!) - £323.67/£500 - So far so good!
  • Have you a friend or family member who trusts you enough to accept a balance transfer to their account?
    Are you for real? - Glass Half Empty??
    :coffee:
  • Clarry
    Clarry Posts: 5 Forumite
    Thanks for the replies folks :) - its as I thought it might be. Being unemployed is not fun :(
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