Credit Card/Balance Transfer

barmy_jimbob

Hi all

Ive got a Credit card, Barclaycard, have had for years, its near as damn it maxed out (Approx £2400) im wondering if it is possible to create a balance transfer onto a new card, the only problem is that....My credit rating is shot and is currently very poor

The reason i want to do this is the interest on the card is killing me at the moment!!!!

Any help or advice would be appreciated

Cheers
Jimbob

[Deleted User]

If your credit rating is poor, then youre unlikely to qualify for a card with a decent BT.

Best approach may be to cut backany non essential spending and throw any spare money to the card as fast as you can.

CLAPTON

with a poor credit rating then a 0% BT card is unlikely

why is it poor?
what's your income?

but anyway it's best to concentrate paying off the CC debt

try going over to the debt free wannabe board - lots of support and advice there.

barmy_jimbob

CLAPTON wrote: »

with a poor credit rating then a 0% BT card is unlikely

why is it poor?
what's your income?

but anyway it's best to concentrate paying off the CC debt

try going over to the debt free wannabe board - lots of support and advice there.

Hi mate yea i have been reading that, some good help for sure, ive got a debt reduction scheme in place which hopefully will sort me out sooner rather than later. Just looking at some ways to reduce the outgoings (ie the Interest i pay)

Being honest i didnt think there was much of a prayer, but hey-ho, we shall persevere and get the CC debt down as much as i can!

Cheers
Jimbob