additions direct

ANDENA

marshall2k wrote: »

What is your credit history like?

I'm sure some real experts would be able to help you if this was moved out of Consumer Vents to somewhere like Debt Free Wannabe. You could private message a board guide to move it

my credit is perfect no problem with that nor bank but moved from HSBC due to there bad customer service as 2006 paid mortgage but found that deeds were still in there name, they told me they had it all done and put in safe to keep for us but saw my deeds on land registry site so they lied.

marshall2k

Have you read through Martin's article at http://www.moneysavingexpert.com/loans/cheap-personal-loans
?

dexters_mum_2

If your credit history is good, have you thought about getting a 0% balance transfer credit card. Your daughter could then give you them same amount every month to pay off, she'd be hitting a bigger chunk of it?

Have a look on the Credit Card forums for member recommendations.

pinkshoes

ANDENA wrote: »

I have been on this site for help be for but have never been insulted,you dont tell me to do a course of money management,this was abound befor and did not have high APR like this.as i have had this company for years and always cleared my debts.

If you're insulted by the suggestion of going on a money management course and saving to afford things rather than buying on credit, then perhaps you are on the wrong site, as this is, after all, MONEYSAVINGEXPERT...

It was meant as friendly advice on how to live within your means and avoid such high APRs. If you read the T&Cs of your credit, it will no doubt say that the APR is subject to change. It's common/normal for them so start you on a low APR to suck you in, then increase it.

kpnut79

I too shop from a catalogue LX Direct, however I have found that instead of paying the minimum payment, I always pay the interest opt out payment every month therefore not getting charged any interest and balance is cleared within 4 months.

So I don't have such a big chunk to pay out at end of month I pay instalments weekly via standing order, or on the barcode on the payment slip, this can be used numerous times.

It's just a suggestion!

But if your daughter is like me with a young family a catalogue helps to cover the unexpected occurences in life and growing children, it just means she has to budget that bit more a month - then she wont feel the interest.

Hope this helps.

Kazzajr

kpnut79 wrote: »

I too shop from a catalogue LX Direct, however I have found that instead of paying the minimum payment, I always pay the interest opt out payment every month therefore not getting charged any interest and balance is cleared within 4 months.

I have an Additions catalogue and I also pay it using the interest opt out payment, it is the best way to do it as you don't overspend because you don't want the monthly payment to be too high yet still have the convenience of paying by instalments for purchases rather than having to pay all at once. I don't buy that much and really only have it to build up my credit rating, there is no way I would pay the interest charges, I usually only buy items that are reduced as the stuff is dearer from catalogues to begin with. As said before a catalogue can come in really handy if used in this way.