Suspended Credit Card

jonah406

My credit history has not always been great, and I did have periods of missed and late payments on my MBNA credit card. After speaking with MBNA I placed a self-imposed suspension on my Credit card, not put in place by them but me. I have now cleared the entire balance from the card and contacted MBNA to have the suspension lifted and the card reactivated. They now state that because of the suspension the account will be closed and that is that. Has anybody else come across this situation, and what did you do about it. any help greatly appreciated

Rafter

Ultimately their choice as to whether you offer you credit.

Well done clearing the balance though.

Suggest you try a credit builder card from someone like Vanquis or Capital One IF you really need a credit card - but try to pay it off in full and set up a direct debit for the minimum payment at least to start building up a decent credit profile.

Good luck.

R

chattychappy

jon142 wrote: »

Make a complaint you'll get the card back, and if you don't go to the ombudsman about it.

I got wet on the way to work this morning. I'm going to the ombudsman too.

jon142

chattychappy wrote: »

I got wet on the way to work this morning. I'm going to the ombudsman too.

The only reason i like going is because i know it will hit the company in the pocket to the tune of £500 for every case which makes me very happy because MBNA are Cun*s

thegoodman

Go to ombudsman to say what, This company is not giving me credit?
The mbna or anyone else do not have to give you credit.
The ombudsman will not be able to force mbna to give you credit.
If you have not paid on time it's likely that mbna think you might do it again.

CLAPTON

jon142 wrote: »

The only reason i like going is because i know it will hit the company in the pocket to the tune of £500 for every case which makes me very happy because MBNA are Cun*s

if you have a tale to tell then please do so; silly somewhat childish comments don't really add much to the issues

tomsco

jon142 wrote: »

The only reason i like going is because i know it will hit the company in the pocket to the tune of £500 for every case which makes me very happy because MBNA are Cun*s

Which is than passed onto customers in fees/interest. You're really doing consumers a heroic act here.

chanz4

jon142 wrote: »

The only reason i like going is because i know it will hit the company in the pocket to the tune of £500 for every case which makes me very happy because MBNA are Cun*s

Only when the complaint is taken up do they, and been honest it wont make it past admin. The fso cant tell a company to give credit.

Rupert_Bear

jonah406 wrote: »

My credit history has not always been great, and I did have periods of missed and late payments on my MBNA credit card. After speaking with MBNA I placed a self-imposed suspension on my Credit card, not put in place by them but me. I have now cleared the entire balance from the card and contacted MBNA to have the suspension lifted and the card reactivated. They now state that because of the suspension the account will be closed and that is that. Has anybody else come across this situation, and what did you do about it. any help greatly appreciated

On the positive side MBNA have done you a favour. Because of problems in the past it seems to indicate you have a problem dealing with credit.

Also the money in your pocket will hopefully be yours from now on and not belong to a credit card company.

meer53

If you contacted MBNA to speak to them about missed payments, they are the ones who apply the suspension, not you.

You shot yourself in the foot by calling them if you knew you could repay the balance.

Plxply

meer53 wrote: »

You shot yourself in the foot by calling them if you knew you could repay the balance.

I wouldn't say it's necessarily bad, it's a good idea to speak to your creditors if you fear that you may not be able to make repayments which many people don't seem to do.

The problem OP has is that by informing MBNA they now put you in a higher risk category, which has excluded you from the criteria of their lending patterns. They have a valid reason to refuse you credit, you show as a higher risk which you admitted yourself.