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old debt/credit card

Hi Martain I hope you can help me i've been paying off a old debt for about6/7yrs its a halifax credit card.i pay reg every mth of 25.oo but i get charge interest, if i didnt pay the interest it would of been paid off by now.I did ask if they could stop the interest but they wont.I dont have the card anymore and i really want to get this stop and i would like to claim my interest back to help me pay it off.Any ideas what to do.please thank you.

Comments

  • Phill_555
    Phill_555 Posts: 89 Forumite
    You will be very lucky indeed to get them to stop charging you interest. If you have a decent credit history then your best bet would be to try and transfer the debt to a new card which you will open with a 0% balance transfer option.

    Go for the longest term possible. You will be charged a 3% ish fee but this will be very small compared with the interest you are currently paying.
  • thanks phil for the reply i thought this would be the answer.
    linneylou.
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