We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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 arrangement?
da2525
Posts: 1 Newbie
im struggling to keep up payments on four credit cards. is there anyway i can negotiate a sensible repayment scheme with the credit card companies without affecting my credit rating. i have'nt missed any payments to date and i dont want to take an IVA.
0
Comments
-
Give them a call and explain your situation, see what arrangement you can come to.
you can always look on the whatsthecost website, and use the snowball calculator, its fantastic to work out paying your debt on several cards.Total Debt in Feb 2015 - £6,052 | DEBT FREE 26/05/2017Swagbucks £200 Valued Opinions £100Dave Ramsey Baby Step 2 | Mr Money Mustache Addict0 -
If you're in a position to move some of the debt on a 0% balance transfer, do that too. It has helped me make more of a dent in my debt. All the best.Total debt March 2014: £11,194. Now £4,198.
0% CC1: [STRIKE]£2,240[/STRIKE] £0. 0% CC2: [STRIKE]£1,934[/STRIKE] £0.
0% CC3: £0 0% CC4: £4,198.
12.9% Loan: [STRIKE]£3,000[/STRIKE] £0
14.9% HP: [STRIKE]£1,103[/STRIKE] £00
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards