We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Trying to reduce interest on credit cards
razor1981
Posts: 25 Forumite
in Credit cards
Is there a certain template or email that should be used when approaching a bank to reduce credit card interest for a period of time?
Also by asking them for a reduction what implications are there for a) Asking b) Getting?
Also by asking them for a reduction what implications are there for a) Asking b) Getting?
0
Comments
-
Just call or message them and ask them.
You can ask for a payment holiday which under current rules should have little impact on your files, or something more ongoing, which will appear on your files and make future borrowing more difficult.0 -
However, a payment holiday does not mean that the interest also takes a holiday.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards