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A card in my name for my partners debt.
NickJDigby
Posts: 1 Newbie
in Credit cards
Hey!
Can any one tell me if it is possible for me to obtain a credit card for the purpose of a debt transfer from a card not in my name? I have good credit scoring, my partner has not, and can't get a 0% deal on £2300 from MBNA or Tesco. I will aquire his debt effectively.
Also if he had, say, a Barclaycard could he transfer it to another Barclaycard 0% offer?
Thanks.
Can any one tell me if it is possible for me to obtain a credit card for the purpose of a debt transfer from a card not in my name? I have good credit scoring, my partner has not, and can't get a 0% deal on £2300 from MBNA or Tesco. I will aquire his debt effectively.
Also if he had, say, a Barclaycard could he transfer it to another Barclaycard 0% offer?
Thanks.
0
Comments
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most cards allow a balance transfer between people with different names as they only require the card number; however some don't so you will need to check
usually no companies allow BTs between their own cards0 -
One other point - if you transfer the debt onto a card in your name then the debt is then yours. Your partner would no longer be liable for the debt - you would.
Don't want to sound all doom and gloom, but to make sure that you are clear the debt will become yours and yours alone.0
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