credit card advice needed.

I had three credit cards. A and B with the same bank, (both had very large and i'm talking thousands credit limits on them.) I used A to the limit and then balanced transfered it 0% interest to credit card C which was with another bank as this was unused and had a very large credit limit which could transfer all of A across to it.

Problem is now Card A and B have had their credit limits reduced down to a miserable £500 each and I cant now balance transfer the remainder of C back.

When I asked why they said to check my credit report, which I did and there is nothing wrong at all never missed a payment from anything at all. They wont increase my balance and just keep saying they are responsible lenders. I think they are annoyed as they couldnt get any more high interest out of me. What can I do now as left with a very large debt still and the 0% period has run out.

Replies

  • opinions4uopinions4u
    19.4K Posts
    Forumite
    What can I do now as left with a very large debt still and the 0% period has run out.

    You pay the interest on card C.

    Or you could seek out a card D

    Or you could take out a loan and pay off card C with that.

    Whatever you choose to do, start getting the debt down instead of just shifting it from one place to another.
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