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Should my brother be receiving more support than this?
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midlander81 wrote: »Can anyone answer the question regarding CC2 being restricted? Do you think that our letter triggered this?
Yes it’s common practice with some card providers, if you have any issues regarding affordability or payment arrangements, the account gets restricted and closed when cleared.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Pleased to hear he is getting some support. At least the restriction will stop him from spending in the card again0
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midlander81 wrote: »
Can anyone answer the question regarding CC2 being restricted? Do you think that our letter triggered this?
Yes but more for the affordability issue than the mental health issue. It stops him digging a deeper hole with them.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Another update!
The main CC provider responded today.... 6.9% for the life of the balance!! We are so happy with this. It will save him well over £100 per month in interest.
MBNA have also frozen his interest, however they haven't stated how long for yet.
This means that 3 of his CC's are now either interest free, or at a low rate. Without this, the interest for these 3 cards would have been around £280 per month. Now he is paying just £60 per month.
Thanks to everyone who gave advice on here!! It's worked.0 -
Great result
I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0
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