Had a letter from Vanquis stating I have an increase..

CDaniels1987

MrSilk wrote: »

Sorry, what will your monthly repayment be after the wedding?, apposed from the current £50.

Oh from next month it will be around £200pm and then after the wedding in May it will be around £400 until its cleared, and then it will be used for one of purchases and pretty much cleared each month.

MrSilk

CDaniels1987 wrote: »

Oh from next month it will be around £200pm and then after the wedding in May it will be around £400 until its cleared, and then it will be used for one of purchases and pretty much cleared each month.

Then there is no problem

MrSilk

And good luck for the wedding!!

CDaniels1987

Thanks very much

Simon7685

If I were you I would throw the extra money at the card now, so as to lessen the amount of interest you are paying each month. If your balance is close to £1000 with Vanquis you must be paying a hefty amount of interest each month?

If you throw money at it now, you will lessen the amount you are giving away to them, then you could use the card to help pay for elements of the wedding as you go along. this could work out to be a more cost effective way for you to do it.

Better_Off_1983

How much is the interest each month with a balance of £1000?

I have a vanquis card, but I only spend about £20.00 per month on it, to keep it active and the limit on it is £1750.00 I pay the full balance every month to stop me getting charged interest. I am expecting a letter from them soon saying that they will reduce my limit or even close my account!

bargincrazie

Did you get your increase today? Mine is due tomorrow (10th)