"Recession Proof Your Finances"

Mandras_Man

'Advice' received from MSE Weekly Email,

No.3 - "Urgently cut debt costs"

BUT THOSE WHO DO NEED THE CHEAP LOANS, BALANCE TRANSDER DEALS, ETC MOST NEED NOT APPLY!!!!

It is starting to really annoy me that MSE don't highlight that all the offers they publicise on their regular email are only really open to those people with no debt and not to those of us who really need to make our expensive debt cheaper.

My level of (expensive) debt - which I am managing (never any late payments but only min monthly made) - is my own fault but when I apply for balance transers or loans at 6%+ to get offer 20%+ (if not a total knock back), with another black mark against my credit history it does get depressing.

Please MSE tell everyone the Bank's DO NOT TRUST ANYONE WITH DEBT AND WILL NOT GIVE YOU THEIR BEST OFFER BECAUSE THEY THINK YOU WILL SIMPLY MAX OUT ALL NEW CREDIT.

How do people with high debt URGENTLY CUT DEBT COSTS???? - MSE please advise or stop giving us false hope at least.

Otherwise, loving your work!