MBNA are without doubt the worst credit card company I have come accross, they have ZERO customer loyalty and increase interest any time they like.To outrageous levels 30% plus. Charge fees like it was christmas and can get you so messed up you could have a nervous breakdown. You can get so tangled up in there evil web of lies and rip off fees you can see no end to the mess.Try these great people the CCCS Consumer Credit Counselling Service.TEL They are a totally free charity and totally confidential. They can sort out a debt management plan to rid you of your debts in 6 years, and lets face it most of us in debt cant even chip at the capital as the interest is mostly what you pay.Recognise your situation and arrange a plan, once you do this you will get peace of mind as you make only one payment to the cccs each month and no more letters and statements each month.The credit card companies will GO beserk at first and can be very intimidating, endless phone calls (even first thing on a Sunday mornin) and letters from collection companies. The collection compannies really have no MORE power than the original credit card company. Be prepared for loads of hassle but relax as its just a show.Show the credit card companies you mean business, you will pay them something each month but put a stop to ther rip off interest and fees. They are scamming us all to a maximum, leaving many of us with nothing to live on each month, remember you go to WORK for your money, they sit on there fat arses collecting compound interest.You will need to send each credit card company a letter (template provided by the cccs) and a token payment and cut your card in half and send it back to them.In theory the credit card company could refuse the offer of payment from a debt money plan and if they do you may get a ccj but even if you do its just a show, you dont need to go to court anyway, just fill in the form with the original offer of payment and the ccj will usually come to the same conclusion of payment therefore the credit card company has wasted its time. Bailiffs can only call if you fail to keep up payments on the ccj so thats good to know. Finally, do not borrow more money to get out of debt and dont borrow on a secure loan on your house (MBNA QUICKLY LATCH ON WHEN YOUR IN A MESS TO TRY ANY GET YOU TO TAKE OUT AN EXSPENSINE SECURED LOAN, ultimately to get your home) of all the things you should pay 1st its your mortgage, as its you home, even if they did clean your house out and you were left sitting in an empty house on a box, at least you would have a roof over your head.I really hope I may have helped at least someone and feel free to copy and paste this formum to any other forum.And if you are a parent like me keep ramming the message into your children NEVER EVER EVER TAKE out a credit card.Especially with crooked outfits like M.B.N.A.Good luck allLets fight back!
Comment on Interest Rate Hikes for MBNA Customers by jj 
Comment on Interest Rate Hikes for MBNA Customers by jj 
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