If you are unable to meet your monthly repayments and are struggling to repay your outstanding balance, you should immediately contact your credit card issuer. The earlier you approach them, the more sympathetic they will be to your situation. Alternatively, consider switching your card to one with lower rates and fees before you become too bogged down with your repayments but beware - if you leave it until it’s too late you may find getting accepted by a new company is a hurdle you may not be able to clear.
If you are refused a credit card and wish to make enquiries concerning your own credit file you can apply to the credit reference agency for your record. Credit reference agencies provide a detailed analysis of your own financial position. In particular your past repayment history, any County Court Judgements or defaults registered against you, electoral roll details and previous credit searches made.
No comments:
Post a Comment