Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Credit card help
sweeper12
Posts: 227 Forumite
Hiya
My son is at uni and has a Barclaycard which he owes about £3500 on. He is paying a large interest rate and can only afford the minimum payments each month - unfortunately this is crippling him. The balance never seems to go down and I was wondering if anyone knew of an alternative card that he could perhaps switch to ? He is 21 and works when he comes home for the uni breaks, he has only just started doing this as he was on incapacity benefit for Aspergers syndrome which was taken off him last year. He is working full time at the moment until he goes back in September. Could he switch cc providers even though his work isn't continuous ???
Thankyou
My son is at uni and has a Barclaycard which he owes about £3500 on. He is paying a large interest rate and can only afford the minimum payments each month - unfortunately this is crippling him. The balance never seems to go down and I was wondering if anyone knew of an alternative card that he could perhaps switch to ? He is 21 and works when he comes home for the uni breaks, he has only just started doing this as he was on incapacity benefit for Aspergers syndrome which was taken off him last year. He is working full time at the moment until he goes back in September. Could he switch cc providers even though his work isn't continuous ???
Thankyou
0
Comments
-
Since he's a student, he should probably go to a debt adviser (either at his Students' Union or the CAB https://www.adviceguide.org.uk) and do a financial statement making a minimal offer to repay per month. Barclaycard should also stop adding interest to the account whilst a payments are being made if he goes this route.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards