Minimum payment not covering charges since new day took over store cards 8 June 2015 at 10:37AM in Debt-free wannabe challenges 1 reply 760 views

eejay1973

I've been paying off 2 store cards well with the minimum payment, however since New Day took over the minimum payment is not covering the charges and even though I'm not using the cards the balance is going up. Any one else having this problem? Not happy about it at all :mad:

Tixy

Have new day increased the interest rate on the cards? And if so did they write to inform you of this?

You mention it is not covering the charges - do you just mean interest? or are they adding actually adding other charges on the statements?