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Halifax and upping the minimum monthly payment
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and have they now put you on a DMP which will affect you ability to get credit?0
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I have just had my letter from Lloyds. It confirms the changes to minimum payment and interest. I also noted two particularly changes:
1. They will be possibly linking the interest rate to the Bank of England base rate and changes to this may affect the interest rate. They say if they do this they will write to confirm. Barclaycard have already introduced this change.
2. Credit limit decreases will now be with 60 days notice (they still reserve the right to limit your use of the card though!).
Didn't really see anything else to note apart from changes to charges.0 -
PeacefulWaters wrote: »There are no rights.
CCs are highly regulated products. There are always rights. Whether they are of help here is debatable.PeacefulWaters wrote: »This will help you pay less interest.
Not everyone needs this kind of help.0
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