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Credit cards after dmp
skinny_jeans
Posts: 33 Forumite
Hi guys
I am currently in a dmp with stepchange which will be finished next month. Included in the plan there were 3 credit cards, one was paid off last month, one will be cleard this month and the other next month. I was just wondering what happens to these accounts once the balance has cleared. Only one has actually been defaulted. Do these accounts automatically close?
Thanks
Susan
I am currently in a dmp with stepchange which will be finished next month. Included in the plan there were 3 credit cards, one was paid off last month, one will be cleard this month and the other next month. I was just wondering what happens to these accounts once the balance has cleared. Only one has actually been defaulted. Do these accounts automatically close?
Thanks
Susan
0
Comments
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I can't be sure, but I wouldn't imagine the CC companies would want them to keep going.
Also, do you really think it is a good idea, to keep the cards, given the problems you have had?
In your shoes, I'd close them all.0 -
Thanks, but I wasn't planning on keeping them open. I was just wondering if the company closes the account themselves or if I have to ask for it to be closed.0
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my hubby's account with Marbles was still open with a £5k available funds once his DMP was finished. Taken ages to get them to close it too.0
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