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Being refused a balance transfer....help
minifan
Posts: 90 Forumite
in Credit cards
Hi All
I have £9000 on Virgin credit card. The 0% interest free period has run out and I am now being charged more interest than I am paying out each month. I haven't got a good creidt rating so am stuggling to get a new card. Any suggestions on what I can do before I get swallowed up by interest??
Many thanks
I have £9000 on Virgin credit card. The 0% interest free period has run out and I am now being charged more interest than I am paying out each month. I haven't got a good creidt rating so am stuggling to get a new card. Any suggestions on what I can do before I get swallowed up by interest??
Many thanks
0
Comments
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who have you tried?
"Stay Wonky":D
:j:jBecome Mrs Pepe 9 October 2012 :j:j0 -
Get yourself over to the debt free wannabee board.
Make a full statement of income and expenditure on there.
It looks like you will have to curtail a lot of spending soon to start paying this off.
Every penny counts!0 -
It's difficult to see a way to avoid paying a lot of interest if you have a poor credit rating and have £9k on a card. Would you get a personal loan with a bank who would be more sympathetic to your needs? While you may get a higher than 'typical' interest rate, you'd have to see how it compared to your Virgin card.0
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Surely your rating cant be that bad if they have given you 9k? or has it deterioated since then.0
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I agree. What's changed in 12 months?0
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