Credit Crunch? What Credit Crunch?

Poosmate

I think this is an interesting discussion.

Just because it doesn't actually give information (as such) that may help with a CC problem or notify others of an excellent new product (0% for life of balance, lol wishful thinking there Poo!) doesn't mean it's not a valid point that can be discussed.

I am actually one of the people who are being crunched and it's hurting to the point that I'm going from paying my CC's min+a little extra to being unable to make the payments from next month not because my debt has increased but because the CC issuers have decided they want more quicker.

MBNA have upped their minimum re-payment to 5% of the balance which has over doubled my payments to them! If I'd been able to afford to pay that much off my account a month I'd have already been doing it!

I don't know what I'll do next month. I may be getting a few defaults for the first time in 7 years!

Anyway, good discussion!

Poo

queen_of_leon

bethanyrayne wrote: »

Fact is your post from any point of view was a waste of time and did not pass on anything useful whatsoever.:rolleyes:

this site is for advice and support of all financial matters....and you're not supposed to judge or be rude...

...unless u r being a troll!:rotfl:

Tori_Bellatrix

Fact is .....
I think Bethanyrayne is probably just having a bad day as posts I've read of hers before have been helpful and friendly ....I'm not saying it's right but perhaps there is a reason ... Play nicely everyone ...

Bismarck

Poosmate wrote: »

MBNA have upped their minimum re-payment to 5% of the balance which has over doubled my payments to them! If I'd been able to afford to pay that much off my account a month I'd have already been doing it!

I don't know what I'll do next month. I may be getting a few defaults for the first time in 7 years!

Hi, is that what they've told you? are you sure it's not the lower of 5% or interest plus charges plus £10 or something like that because this debate's come up before....

If I'm wrong excuse me but your repayment may not be what you think...

sara_501

bethanyrayne wrote: »

Fact is your post from any point of view was a waste of time and did not pass on anything useful whatsoever.:rolleyes:

The post wasn't SUPPOSED to provide any information - it was to promote a healthy discussion and debate of the recent experience of others!

sheesh, :rolleyes:

sara_501

UNDERGROUND wrote: »

Fact is that you are very rude.

Obviously some people found it interesting as it has generated responses.

If you don't find a thread interesting click back and read something else, comments like yours above are not necessary.

UNDERGROUND

well said - like the saying goes "if you haven't got anything good to say - don't say anything at all!"

sara_501

Poosmate wrote: »

I think this is an interesting discussion.

Just because it doesn't actually give information (as such) that may help with a CC problem or notify others of an excellent new product (0% for life of balance, lol wishful thinking there Poo!) doesn't mean it's not a valid point that can be discussed.

I'm glad you understand the perspective from which the thread was based

sara_501

Tori_Bellatrix wrote: »

Fact is .....
I think Bethanyrayne is probably just having a bad day as posts I've read of hers before have been helpful and friendly ....I'm not saying it's right but perhaps there is a reason ... Play nicely everyone ...

Is there ever a good reason to be rude? hmm new thread topic!

Tori_Bellatrix

sara_501 wrote: »

Is there ever a good reason to be rude? hmm new thread topic!

No, but most people have bad days and say the wrong thing or misinterprets/misreads something on occasions.

clio

Listen lets all just have a big massive fight all chip in a £10 and winner takes
the lot lol .......:)