how did anyone give my wife £20k worth of credit on a card when she was unemployed

Dorastar

Don't know for sure but might it depend on who the cards are with ie if their own bank offered the cards they would know the family money situation and might have some level of culpability?

For OP I have a family member who had a very similar situation so would say go and get some serious financial advice - and some help as a couple if there are deeper issues that need resolving which have led to the spending.

Despite what you may feel having read some of the replies on here it is a huge mine of information - you just have to read and weed carefully.

Good luck

YorkshireBoy

MyLastFiver wrote: »

Well if you're right, then my wife and I have been missing out all these years. She is a full-time mother and recieves no benefit other than Child Benefit.

Not even child tax credits (starting at £500+ per year from memory, although it was 4-5 years ago we got them)?

Unless your salary takes you over the threshold?

Sarah2100

I thought since the ressecion it was very hard to obtain credit, especially if you dont have a job, She must of built good credit up before she was unemployed!! I think there should be more regulations in place before credit cards are given out, for a start they should verify if you have an income at that exact time !!!!

Sarah

MyLastFiver

YorkshireBoy wrote: »

Unless your salary takes you over the threshold?

^^this. Used to get £40 per month but over the threshold now.

KimYeovil

Quirkylass wrote: »

That's offensive and way off topic

It is not remotely off topic and can not see why you suggest it is offensive. In what way is it offensive? In what possible way is it off topic?

KimYeovil

MyLastFiver wrote: »

Well if you're right, then my wife and I have been missing out all these years. She is a full-time mother and recieves no benefit other than Child Benefit.

Or on the other hand, you could just be talking absolute twaddle about something you know nothing about.

You and your wife would receive an extra twelve hundred pounds for yourself. A second parent is not worth much.

I have no idea why you are sniping at the messenger.

MyLastFiver

KimYeovil wrote: »

You and your wife would receive an extra twelve hundred pounds for yourself. A second parent is not worth much.

I have no idea why you are sniping at the messenger.

Sorry OP to persist at this topic on your thread...

...but Kim, what £1200 are you talking about?

KimYeovil

MyLastFiver wrote: »

Sorry OP to persist at this topic on your thread...

...but Kim, what £1200 are you talking about?

The difference between what a single person and a couple is expected to live on. (Miscalculated by £500, though - should have been £1700).

I am not fighting nor am I being judgemental. I am simply pointing out that the effective after tax income of a household with children is not trivial. If someone maintains their existing accounts and pays on time there is little surprise that sizeable debts can be granted. An unmeployed parent with three children can easily have an effective gross income of £35K minimum. The OP did not say the parent had been given a single card with a £20K limit - just that they had built up the debt. Why would a lender not take a punt?

LovelyLeeds

opinions4u wrote: »

When my wife was reliant on an allowance from me, .....

I think your post belongs to the 1950s.

Women are capable of using credit cards responsibly even if they have low incomes or their only income comes from their partner.

OMG, forgive me but your post is loaded with fruedian irony!

ILW

Women do not need credit cards, they only end up filling the house with shoes and handbags, then if there is anything left over, it all goes on online bingo.