Homemaker advice, balance transfer

Sea_Shell

If your Dad's (the household) bringing in £100k...why is he letting your Mum carry an interest bearing CC balance of £18k?? Are they still in a relationship??

Is he servicing other debts??

Sea_Shell

Is she paying the £500 a month from her pension?

jonesMUFCforever

How does someone without an income get a card with at least a £18k limit?
How does she manage £500 repayments and what has the money been spent on?

GB01

Thank you to all the helpful replies, I am very grateful! The case is closed so we will look for a BT card, Virgin have told us its possible with her as a secondary card holder.

Seashell, yes they are still married. He is servicing other debts..like i said, he is very old fashioned and thinks he can sort it all out without asking for help! Equally my mum is old fashioned is that she has been happy to have him sort it out!
The £500 payments are coming from him, he's not savvy enough to know doing a BT will help.

jonesMUFC...if you read it properly you will see she had a credit card from when she WAS employed.

Thanks all!

Sea_Shell

Do you know the whole picture about their finances??

Even with a good income, if his levels of debt are high in comparison, he may also struggle to get a lower or 0% apr CC

If they are making at least the minimum payments on their debts, then if he chooses not to try and get better deals, or accept your help to reduce the debt, I'm not sure how much you can do, sadly.

Emily_Joy

GB01 wrote: »

Hi Shiny76 - you have interpreted it right!
He will definitely help, but my next question is can you balance transfer between accounts that have different names? I guess the only answer is to speak to the provider!

Is it possible for your Dad to apply for a credit card and then to add your Mum as an extra cardholder? (or just add your Mum as an extra cardholder, if his current cc provider has a BT offer)?

Mojisola

GB01 wrote: »

she had a credit card from when she WAS employed.

Emily_Joy wrote: »

Is it possible for your Dad to apply for a credit card and then to add your Mum as an extra cardholder? (or just add your Mum as an extra cardholder, if his current cc provider has a BT offer)?

At some point, Mum be the surviving spouse - probably better for her to keep a credit card in her name as long as Dad can be encouraged to get the debt paid off.

eco_warrior

Nasqueron wrote: »

Last time I did a BT all I needed was the credit card I was moving it from, the old card provider just sees a payment to the card and the new one, a debt - can't see how they'd know you were moving it from another person

Been 10 years since I dealt with balance transfers but we would say no if the customer said it was someone else’s credit card. However if they kept it quiet it wouldn’t prevent the transfer. Like you say, it’s just a form of payment.

Might have been tightened up these days though.

DthenG

GB01 wrote: »

I've called sains, halifax & tsb and none of them do it! Urgh I will keep calling

Hi GB - Sainbury's let you balance transfer from a card in another person's name, did this myself 2 weeks ago from my partners FD credit card to my Sainburys credit card.