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Debt with MBNA - solutions? [was CREDIT CARDS]

KingKenny77 · 2011-07-18 18:52:24

Currently with MBNA and they're charging me a fortune on interest. Will never repay my debt at this rate. Any advice please??? Need to address this situation now before the hole gets deeper. Thanks. :eek:

18-07-2011 6:52pm

#1

KingKenny77

Registered Users, Registered Users 2 Posts: 75 ✭✭

Join Date: March 2011

Posts: 49

Currently with MBNA and they're charging me a fortune on interest. Will never repay my debt at this rate. Any advice please??? Need to address this situation now before the hole gets deeper. Thanks. :eek:

0

Comments

#2 18-07-2011 6:55pm

drunkmonkey

Registered Users, Registered Users 2 Posts: 28,816 ✭✭✭✭

Join Date: March 2008

Posts: 27941

Move to another credit card with 0% for x amount of months that'll give you a chance to attack the capital. Do it now ; )

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#3 18-07-2011 7:21pm

ytpe2r5bxkn0c1

Closed Accounts Posts: 32,688 ✭✭✭✭

Join Date: September 2006

Posts: 29486

Get a cheap Credit Union loan and pay the Credit Card off.

0
#4 18-07-2011 7:55pm

dudara

Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭

Join Date: September 2003

Posts: 32068

Moved to Banking & Insurance & Pensions

dudara

0
#5 18-07-2011 8:39pm

Wheety

Registered Users, Registered Users 2 Posts: 5,521 ✭✭✭

Join Date: May 2008

Posts: 5339

If you owe a lot, you might have difficulty being approved for another card.

As said above, try and get a loan to clear the card and get rid of the card. MBNA have one of the highest interest charges.

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#6 18-07-2011 10:59pm

Hal Emmerich

Closed Accounts Posts: 2,078 ✭✭✭

Join Date: April 2011

Posts: 1929

drunkmonkey wrote: »

Move to another credit card with 0% for x amount of months that'll give you a chance to attack the capital. Do it now ; )

here

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