Consolidated -Almost-Cancel All Cards or keep one.

born_again

Payments to Credit Cards do not show on statements in real time. (Available balance might show it) As credit cards do not update in real time, unlike a bank account. most will be in a evening/overnight & not at weekends.

Dandytf

born_again said:

Payments to Credit Cards do not show on statements in real time. (Available balance might show it) As credit cards do not update in real time, unlike a bank account. most will be in a evening/overnight & not at weekends.

Found evidence in tonight's Pending section online.
More patience from myself required.
Need to check Vanquis Chrome.
over enthusiastic as it's 10th year re establishing Credit Reports.

Edited -No mention of 12th Jan debit card payment.
Both providers payments can take up to 4 days, hopefully this week.
thanks

Dandytf

That's Aqua1 and Vanquis Chrome payments Debited.
I paid 12th Jan posted 13th Jan and showing left account today 14th Jan.
Both providers are showing Zero Balances.
I've reset DD'S to Min Payments for time being.

Fighter1986

You can only put £50 a month into help to save but only do this if you're 100% certain about not needing to withdraw a penny between now and the end of your second bonus period. 

There's no point saving any money elsewhere while you're still indebted, funnel it all into clearing your debt ASAP. 

Pay off all your highest interest rate cards first and close them once paid off, clear the remaining card as quickly as possible. Once this is done, clear down the loan with overpayments as much as possible without leaving yourself short. Then you can get back to saving. 

Close all your credit cards to remove temptation from spending on them again until the loan is settled. 

Once the loan is settled you aught to have no issues obtaining a new card that suits your needs.

Have you addressed the underlying issue that caused you to incur large debts on sub prime cards in the first place?

Dandytf

@Fighter1986
I'm year three with help2 save- though one or two withdrawals year 1/2.
With my recent loan I can continue with 50 per month, max bonus year 4 is 220's range approx.
The initial 'Issue or Issues have since passed over last few years.
I'll pay Aqua2 soon-last of the +1k balances.
Then decide between Cap1-1 Cap1-2 and Tesco- lower<700 balances.
thanks!

Fighter1986

Happy days, keep it going my friend 👍

Dandytf

Vanquis, Aqua1+2 Balances cleared.
Aqua1 closed via tel, No attempt from them to retain.
I'll check with Vanquis if any interest to pay, then close, unless they have an exceptional offer.
Then check with Aqua what was card 2- still has 0% 6 mths 3% fee- could possibly use by transferring 5 or 600 from Cap1-1, I've then to clear Cap1-2, though <150- maybe next few days or weeks.
Tesco cleared today, I don't expect to be eligible for any alternative cards until later this year or next.
I'll keep Tesco 27.5% small 600 limit, could use for Fuel/car running cost and repay in full or at least a month or two.
Pay by bank was very fast same day transaction- Tesco's almost auto log into my digibank for todays payment I made.

Dandytf

Gone with Cap1-1 600 to Aqua-0% 6 mths.
3% fee is similar to one month Interest.
This means I have some time to clear before closing these cards.

Dandytf

Cap1-1 closed today  1450 Limit -this was original cap1 + Luma being combined.
Only 100 pounds to clear Cap1-2 before closing.
Making excellent progress on closing non required cards.
Interesting Argos card eligibility still fails, wonder how accurate request to re check one month is.

Dandytf

Vanquis Chrome closed today. 4250 limit gone.
Only Cap1 to clear, though maybe I'll clear Tesco and use one of my latest Cards.
Their CS is highest standards as per my few years rare Tel Calls