Help stopping alcoholic family member using credit cards

Mojisola

nicholaswitchell wrote: »

Yes, this is exactly how it SHOULD be, but don't forget with live in this pathetic pansy nation nanny state.

Someones problems are always someone elses fault.

Or family members who love this person are trying to help and to stop him from messing up his life even further.

They won't succeed unless the relative decides he wants to change but it's normal to want to help a loved one.

There's support for the family here - http://www.al-anonuk.org.uk/

Cottoncandy

Thank-you for all your help and advice re alcoholism, however I was really trying to find out if you cancel your cards and set up a payment plan if you then get blacklisted?

CLAPTON

Cottoncandy wrote: »

Thank-you for all your help and advice re alcoholism, however I was really trying to find out if you cancel your cards and set up a payment plan if you then get blacklisted?

well, not paying your debts results in being defaulted : this basically trashes your credit record for 6 years

if you default on a mortgage, your home may be repossessed

Cottoncandy

CLAPTON wrote: »

well, not paying your debts results in being defaulted : this basically trashes your credit record for 6 years

if you default on a mortgage, your home may be repossessed

A payment plan would be set up with the credit card companies, so no payments would be missed. Mortgage is being paid so not an issue. Just didn't want to get blacklisted for cancelling cards.

grumbler

'Blacklisting' is a myth.
A payment plan gets reported to CRAs and adversely affects credit history even if you follow it and don't miss any payments.

Cottoncandy

grumbler wrote: »

'Blacklisting' is a myth.
A payment plan gets reported to CRAs and adversely affects credit history even if you follow it and don't miss any payments.

Thank-you that's what I wanted to know

CLAPTON

Cottoncandy wrote: »

A payment plan would be set up with the credit card companies, so no payments would be missed. Mortgage is being paid so not an issue. Just didn't want to get blacklisted for cancelling cards.

don't be ridiculous

a payment plan is a default : unless the full contractual payment is being made then there is a missed payment every single month