On repayment plan with barclaycard but they have now started adding inters12-5%

heatherks

well after 30 mins and given the run around My cab debt advisor couldnt manage to even get to the interest reduced

barclaycard say it is normal thing now for everyone on debt management plan has to pay at least 1% of what they owe in interest
CAB advisor is also writing to the complaints department as they never acknowleged her letter from May or even a word that interest was to be added

..also when she phoned at first they claimed they were not a charity and put the phone down on her the 2nd person she phoned wouldnt even give her the number of their head of collections department for her to speak to them

CAB told them she was appaled that interest a high rate was being applied to someone who was on lower payments because of financial circumstances and said she would do another expenditure form ..to reduce the payments even further as i was struggling with this one

to which Barclaycard replied it didnt matter if i was paying £1 or £100 i was still paying the 12-9% (this was on speaker phone so i heard what they were saying)

and if i stopped paying i would just end up with charges..when she asked what if her client stopped paying every month till it was sorted out

well suppose i will just have to wait and see what reply CAB advisor gets from complaints dept

longforthesun

Barclaycard do this with me too. Interest is 12.9% a year.

Barclaycard never defaulted me and I have always thought the reason behind this was so they could keep charging interest but I may be wrong.

Hope you can get something sorted.

MoneyWasting_Expert

Sad thing is, that you guys are fitting the bill for these 20 month 0% balance transfers. I am never paying Barclaycard a penny ever again, and they can be out of pocket by 56 days for all my purchases now.