credit card with no job ?

shaynemawer

hi all, am after some advice please (although don't think it's possible myself) i have just been made redundant - friday 22nd march and i have a tesco credit card where the 0% is just about to run out (forgot about the date it expired due to work issue's) and was looking at getting another card with 0% balance transfers. is this possible without a job, i've had no problems in past with getting finance.

cos_2

Credit card companies and other lenders want to make sure you'll pay back what you borrow (plus any interest, of course), and seeing a wage or salary is pretty high on their agenda. Unless you have any other income I think they'll not be willing to lend to you, I'm afraid.

The good thing is that you should be able to retain your current credit cards. I was paid off Sept 2011 and still have all my cards and limits from when I was working.


Edit/ There are the 'start again'-type cards, of course, like luma and Aqua. They don't count for your needs, obviously.

sistafromanothermista

Might be an idea to call your CC company and see if you can haggle a low % for the life of the balance.....you can try...

Fruit_and_Nut_Case

shaynemawer wrote: »

hi all, am after some advice please (although don't think it's possible myself) i have just been made redundant - friday 22nd march and i have a tesco credit card where the 0% is just about to run out (forgot about the date it expired due to work issue's) and was looking at getting another card with 0% balance transfers. is this possible without a job, i've had no problems in past with getting finance.

Might be worth using some of your redundancy money to pay off the card debt.

shaynemawer

just had a look using nationwides credit card and i can have £2000 credit as a home maker. is nationwide credit card anygood ? also was trying to see if i can transfer from my tesco account to her nationwide account if she applys for one for the remaining balance ?