Credit Cards

A question about : BEEN DECLINED

This thread has been created to offer a standard template, used to appeal a negative decision by a lender; for example a credit card decline letter.

It doesn't matter if you have a default or several searches, for the sake of a little 'tweaking' and cut/paste you could be pleasently surprised when the lender actually considers your appeal in a favourable manner.

The different sections need to be added together to get the finished letter, as shown in post #2.

A question about : Advise On Overpaying Credit Cards Please

Soon I will be able to overpay on my credits cards (I pay the minimums at the minute but want to start paying more than that)

The one in question that I want to pay more on first the DD doesn't come out till very near the end of the month, I was wondering if I make overpayments before the DD is due will they still take the DD? I still want them to take it but wasn't sure if I had to wait for them to take the DD then make the overpayment after they have taken the DD

Or does it depend on the company?

A question about : Does purchasing things on credit impact your credit score?

Let's say I bought some furniture from one of those vendors where they allow 3-years' monthly payments, interest free. Does that impact my credit score in a negative way (for buying things on credit)?

Thanks.

A question about : Monument Payment Break Plan Refund

I had a Monument credit card (Raphael Bank) account which I closed (settled) back in November 2012 after 10 years.

Before I closed the account, I tried to claim back the Payment Break Plan Protection which I was paying. I was told that I could not claim it back after writing to them.

A question about : Balance transfer for a business account

Can anyone tell me if there are different rules about getting a balance transfer for a business account? Currently with Barclaycard Commercial who said they couldn't change our % interest unless we emailed etc SO looking at the Santander 0% and no fee 15 month balance transfer account.

Best answers:

A question about : Balance Transfer Not Accepted.

So I have a Barclaycard of which I owe roughly Ј3500 on. I got this card with the 30 month balance transfer deal and I am now out of that 30 month deal so am paying a lot of money each month on just the interest of the card and am struggling to pay it off as well as paying off my debt. I think with meeting the interest and paying slightly more each month, I've managed to pay off about Ј300 in one year! Not much!

A question about : credit card or loan?

hello everyone I am just wanting some advice,

I have a car on finance and the APR is 16.7 % I am looking at trying to get a new loan at a cheaper rate or getting a credit card and doing a money transfer to pay the finance off, problem is the balance is Ј12000 to clear the finance, would I be able to apply for 2 credit cards because my credit limit will probably wont be enough for just one card, or do I just apply for a loan at a cheaper rate? I have a very good credit rating and have checked with the credit reference agencies,

A question about : Question about paying off in full. Vanquis

Hi

Does anyone know if credit card companies would take a reduced amount if paid in full. I have 2700 on my vanquis and the interest is a joke. I took a loan out to pay of my debts but want to know if credit card companies ever accept lower one off payments, thanks in advance.