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Repaying credit card - unemployed: keep with bank or get transfer card?
khsc1407
Posts: 1 Newbie
in Credit cards
Hi guys!
My query is about repaying credit card (as stated in the title). I have a credit card from my bank provider and at a stage some payments have been missed or late (not in the last 6 months thankfully) but I am aware this will have affected my credit score. I have lost my job and just been fit to pay the minimum payments the last couple of months. Ideally I would like for this to be downsized (total owed is still about £1500). While I am hoping a full time job is coming up very soon, I would like some advice in the best options. Is a credit transfer card my best option - would I even be eligible? I am desperately trying to turn my credit score around - the minimum repayments are not helping and would like the debt downsized/cleared. Would appreciate any advice in the best way to manage this effectively!!:T:money:
My query is about repaying credit card (as stated in the title). I have a credit card from my bank provider and at a stage some payments have been missed or late (not in the last 6 months thankfully) but I am aware this will have affected my credit score. I have lost my job and just been fit to pay the minimum payments the last couple of months. Ideally I would like for this to be downsized (total owed is still about £1500). While I am hoping a full time job is coming up very soon, I would like some advice in the best options. Is a credit transfer card my best option - would I even be eligible? I am desperately trying to turn my credit score around - the minimum repayments are not helping and would like the debt downsized/cleared. Would appreciate any advice in the best way to manage this effectively!!:T:money:
0
Comments
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You won't get a BT card with no income and missed payments.
Do everything you can to cut costs and maintain at least minimum payments. Visit the DFW boards for inspiration.0
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