Mint credit card account termination

MarcW25

Hi, i took out a credit card with Mint when i was 18 with a grand total of a £350 credit limit. I got into a bit of trouble once and used it and maxed it out. I'd regularly made £10 payments each month but i must of spent a bit more on it which pushed it over the limit. Since then the interest and charges which kept appearing have pushed it up to a current balance of £543.29. Despite my standing order of £10 still going out. I understand i should have sorted it sooner but i'd had a lot on and just pushed it aside until now they've finally terminated the account!

I'd just like to know what are my options here, it says to ring them and arrange an immediate payment and subsequent repayments but i still can't really afford more than the £10 a month i was putting on it.
I've also heard they will still charge interest on this, is this right? and will they be happy with whatever i can afford?

Thanks for any time you spend on this

Marc

jonesMUFCforever

If you have already arranged a repayment plan of £10 I would have thought that they would have made sure that this at least covered the charges and interest.
Do you not have anything to sell and make them a final offer to settle?

Pop over to the debt free wanabe board who will be able to give you more advice.