How to stop using credit card?

Tazz360

Hi people.

I have a Lloyds TSB credit card and was given a £3,500 limit that I maxed out back in September.

I didn’t want to use the card again, so I cut it up and started paying it off with £300 per month.

Recently I have been struggling a bit and with Christmas coming up, I have used the card online, the long 16 digit number is on my internet banking and I knew the 3 digit pin off by heart and now I feel I’ll never be strong enough not to use it in the future and I’ll never pay it off.

Is there any way, other than willpower, of not being able to use the card again?

Many thanks for reading.

MrSilk

Delete the details from your online banking or call Lloyds and ask them to stop further spending. Simple.

McKneff

Cut the damn thing up, it's your enemy, it's going to get you into trouble and debt,

Do you really want to stay friends with it.

Cut it up, you know it makes sense.

DevCoder

Theyve already cut it up so the simplest solution is as above, ring and ask them to prevent further spend.

Own_My_Own

Tell the bank you have damaged the card and need a new one. Then cut the new card up before you learn the 3 dig number off by heart.

katydo12

complete willpower in my opinion. this is what I had to do. I cut the card up and that was that. Also reaching the limit was a helpful factor! But seriously you can't keep spending on it it will only be worse.

I have to say though, I cut my cards up then because I've changed my name when I got married, they sent me new ones. I've seriously thought about using them but they sit there and will NOT be used.. willpower!!

MrSilk

Best way is to tell Lloyds to stop any further spending on the card, cutting up the card, or the next card won't help.. All you'd have to do it call Lloyds to request a new card. At least tell them you are finding it difficult.

Tazz360

Many thanks to the helpful responses, I have now got Lloyds TSB to put a block on the account, so now I can pay it all off by this time next year

Better_Off_1983

Tell LTSB that you are in financial difficulty and they will put a permanent stop on the card.

billy98111

You don't really know how hard it is until you've been there. It's the same for any addiction like behavior.

Tazz360

You're right Billy, I've been a smoker, a drinker and a gambler and I've given all three addictions up in the past.

Spending on a credit card can be an addiction and can get way out of hand, it's also hard to get out of debt once you're in it and it's ok for some people to write in capitals acting all clever, but they've probably never been in those situations, or if they have then they've got out of it very easily.