Barclaycard and CCCS payments!

Carrot007

Bettingmad wrote: »

I was informed that if you are paying under 1% of the balance no interest is charged. Between 1% and 2%, 6.9% interst is charged. Over 2% of the balance and they up the interest to 12%

I have 2 ex-egg cards with them. The balance recently got down so I am paying over the minimum repayment and they wanted to give me the cards back and put the interest up to standard.

Seems a stupid thing to do, offer me more credit. (offered about £1000 above the cards balances).

I rang them and managed to get them to stay on the payment plan and 12.9%.

The letter that came after that amused me though as the payment plan letter talks about my reduced under contractual payment and the implications! Well it made me laugh anyway!

Hatecreditors.com

Bettingmad wrote: »

Barclays had the cheek to write sayng when I had to reduce a payment taht they amy default me. I wrote back pleading with them to default me saying I would be in a far better situation that having my report littered with AP markers long after the default will have dropped from my other creditors.

I’m in exactly the same boat! Barclaycard apply AP markers to both my cards (one was a former egg card) which are even worse than a default. They’re going to stay on my report for 6 years from the final payment not 6 years from the default date! I’m sure the guidelines state that you can’t put someone in a worse position than a default but they seem to get away with AP markers!

As to the OP, CCCS (or Step Change as they now are) keep your money for 24 days and incur interest (they are a charity so need to make money to pay employees, rents etc). It does sound like Barclaycard are once again being pains in the a**e. What they should really be doing is changing your statement date so that your payment deadline is more like the 25th or 30th. Have you asked them to do this?

beth3735

Thanks all, I have an Egg card too which is with Barclaycard and called them up today to check its still 0% interest and it is, so thats 1 good thing, but they did say that as they took on the terms of Egg they took on the 0% interest with my DMP

While i was on the phone i told the lady that this payment wont be made within the time scale given and she seemed fine with it and put a note on my account. All i can do now is sit and wait for it to flow over with no issues, or for the charges and higher interest rates to start up due to late payments!

Couldn't wait to get rid of Lloyds due to issues with them, but now i can't wait to get rid of Barclaycard. Just wish they would make this last 10 months interest free!

Alice_in_Welfareland

Hatecreditors.com wrote: »

As to the OP, CCCS (or Step Change as they now are) keep your money for 24 days and incur interest (they are a charity so need to make money to pay employees, rents etc).

Do not forget the 11% that Stepchange also get back from the payments made to the creditors this makes the interest on the 24 days look not very significant

savvykaz

Hi Beth, same thing's happened to me this month too!!, received my statement Wed and showing a 'missed' payment. I initially rang Barclaycard who were fine and said just ring Step Change which I did - they said another payment was due out within the next couple of days so maybe it's the same for you? I think it's because our payment due date was so close to Christmas,
Hope you get it sorted