Closing/cancelling a credit card and how best clear debt

My daughter has a credit card which she has not used since Oct 2019.
She has a £1300 balance @ 30%. She cannot get a low % balance transfer card longer than 6mths by using the various calculators.
Is there a way or any templates to ask the credit company if they would freeze the debt and cancel the card, then pay off the balance monthly.


  • [Deleted User]
    [Deleted User] Posts: 35,242
    First Anniversary Photogenic Name Dropper First Post
    She should grab the 6 month BT with s many hands as she can. She then needs to pay as much as she can to the debt.

    Tell her under no circumstances to ask her current lender to freeze the interest, unless she's happy to wreck her credit file.

Meet your Ambassadors


  • All Categories
  • 341.6K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449K Spending & Discounts
  • 233.7K Work, Benefits & Business
  • 605.8K Mortgages, Homes & Bills
  • 172.3K Life & Family
  • 246.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards