Credit Card Balance transfers for retired people

bekasi40

Hi There

Can retired people get credit card balance transfers?
My father has a NatWest CC, he has approx £1750 on the card and is paying off £55-00 per month, about £40.00 is interest charges, so so basically it will take him years to pay this off.

He lives on his various pensions and disability allowances, and he is a home owner.

Any help would be appreciated.

Regards

Paul

Fruit_and_Nut_Case

bekasi40 wrote: »

Can retired people get credit card balance transfers?

There is certainly no law against it. It depends on how the providers view that person's financial situation.

bekasi40 wrote: »

Any help would be appreciated.

If you trust your dad to repay the money you could BT to a card of yours.

Signed,
Fruit and Nut Case
age 67¼

jennifernil

My OH is 70, he has recently got a 13 month interest free card that allows balance transfers and purchases, and he got a much higher credit limit than he had expected.

He does however have no debt and a fairly decent pension. I think it would depend on income and outgoings.