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Stopping Interest if Receiving Tax Credits
PinkHearts
Posts: 1 Newbie
in Credit cards
I heard that you can stop the interest being added to your credit card debt if you are in receipt of tax credits. I am in this situation and the interest I owe on my cards is too much for me to pay off every month and I have no chance of making a dent in the money I owe.
Please can someone advise me if this is true?
Please can someone advise me if this is true?
0
Comments
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No it's not true.
If you are having trouble repaying your debts, speak to a debt charity such as Stepchange:
http://www.stepchange.org/I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com0 -
you may want to post on the debt free wannabe board : there is a lot of support and helpful ideas there and people in similar situations0
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