John Lewis Credit Card

CliveOfIndia

ManyWays said:

RGN007 said:

I'm trying to help my disabled daughter escape the Fluid card at 49% apr, owned by Newday to reduce her debt so I wangled a cash transfer 18 months interest free to Barclaycard I wasn't using. 

You could suggest your daughter look at affordability complaints if she was given a limit that is too high for her to be able to clear in a reasonable time

Just because you have a particular limit on a credit card, that doesn't mean you have to use it all.  With any credit card, there has to be an element of consumer responsibility.  It's down to the individual to ensure they only spend what they can afford to repay.

ManyWays

CliveOfIndia said:

ManyWays said:

RGN007 said:

I'm trying to help my disabled daughter escape the Fluid card at 49% apr, owned by Newday to reduce her debt so I wangled a cash transfer 18 months interest free to Barclaycard I wasn't using. 

You could suggest your daughter look at affordability complaints if she was given a limit that is too high for her to be able to clear in a reasonable time

Just because you have a particular limit on a credit card, that doesn't mean you have to use it all.  With any credit card, there has to be an element of consumer responsibility.  It's down to the individual to ensure they only spend what they can afford to repay.

A lender has to assume you will draw down the whole amount very quickly and be sure that you can repay it all over a reasonable time period. If you win an affordability complaint you still have to repay what you borrowed, but with no interest on it, which seems fair.