Soo angry - Amex just screwed me...

icklejulez

didnt you ask in this thread whether doing this would leave a footprint:

http://forums.moneysavingexpert.com/showthread.html?p=3942319#post3942319

And the answer was maybe???

It has taken me months to come round and understand all of this, even when you think you have adjusted. Just keep visiting this forum and reading advice. Can you give yourself a motivator to earn an extra £250pm for 2 months. Selling on ebay,, store cupboard challenge etc...

dannyboycey

deliciosa wrote:

well the reason I want to apply for more cards so that I can transfer my balance to a 0% card!

I know this sounds sensible in principle, but I'm sure you're aware that transfering balances costs money. I'd put my efforts into just paying back your cards one at a time starting with the highest interest one first. Once you get past the halfway mark on a cards limit it's all downhill. You pay less in interest, so have even more with which to pay off!!

Also, getting more cards at 0% gives you the potential to get into even more of a mess. Despite your best intentions, it's all to easy to spend any 'spare' balance on your credit card. You might start by buying £30 of petrol and a few essentials from Tesco and saying "It's ok... It's only a few quid, I'll pay it off next month" - in reality this rarely happens.

My advice - cut up your cards and pay off as much as possible every month. Use any spare cash to pay of your debts, however small. It might seem like you're getting nowhere to begin with but once you gain momentum, believe me, it's worth it - the feeling of seeing your balances get lower and lower is great!! And once they are completely paid of it's amazing.

deliciosa

icklejulez: thanks for your message!

yeah that was AFTER I had the whole messy conversation with amex...

but you're right, its probably for the best, anyway

deliciosa

dannyboycey

what you say is really sensible, thank you... it just bugs me that they are beign like this....

i will do as you suggested and try paying back the cards. i already cut up cap1 and once paid back ill just cancel it, also the same with hsbc and i will only keep the m&s and amex.... what do you think

i will probably get a bonus of £300 in February (around the tenth, fingers crossed!) if I get that, then that's it for Capital one....

dannyboycey

deliciosa wrote:

dannyboycey

what you say is really sensible, thank you... it just bugs me that they are beign like this....

They don't care about us. Many big companies staff their phones with incompetent idiots with only a basic knowledge of what they are dealing with.

Best of lick with you DF goal!

deliciosa

true, they are really incompetent - why is that? surely it would be worth paying for 20% less staff, but that staff would be actually experienced, helpful etc...??