[bots]

it's just moving the money from one financial institution to another (or the same one) they don't care providing they get their money. A top tip for anyone if they have been with a bank or whatever for a while is to say look .... ive had a credit card for a while, i want a better deal .... more often than naught they give you a better deal

[ThomasC]

Originally Posted by Cherie

If you have a 0% credit card and want to pay off a loan from the bank with it, there is no problem, the bank gets paid its debt so they wont care how you pay it, it is then up to you to pay off the credit card before the 0% rate runs out

Thank you. I kind of guessed this, but wasn't 100%

Originally Posted by bitontheslide

it's just moving the money from one financial institution to another (or the same one) they don't care providing they get their money. A top tip for anyone if they have been with a bank or whatever for a while is to say look .... ive had a credit card for a while, i want a better deal .... more often than naught they give you a better deal

Thanks for your help

[GoldHeart]

I have no idea,but I've never trusted credit cards ever .

[ThomasC]

Originally Posted by GoldHeart

I have no idea,but I've never trusted credit cards ever .

It's not the credit card, it's the PERSON.

If you can't use one sensibly then don't. You can't go blaming the bank

[Cherie]

Originally Posted by ThomasC

It's not the credit card, it's the PERSON.

If you can't use one sensibly then don't. You can't go blaming the bank

yes credit cards are a great way to spend money as one as you pay it back IN FULL at the end of each month, its basically lending you money until payday, you are also covered for large items as long as you pay 1.00 on a credit card so if you buy a sofa for instance and the company go out of business before they deliver it, you are covered by your credit card and will get your money back in full.

[Redway]

Originally Posted by Cherie

yes credit cards are a great way to spend money as one as you pay it back IN FULL at the end of each month, its basically lending you money until payday, you are also covered for large items as long as you pay 1.00 on a credit card so if you buy a sofa for instance and the company go out of business before they deliver it, you are covered by your credit card and will get your money back in full.

But these are things you’re kinda supposed to know before you even think about asking Barclays or NatWest for a credit card. Not to judge or shade anyone but if there’s any doubt that you’ll be able to pay back what you owe at the end of the month (or spend more than you can realistically-afford to pay back), that’s on them, not the bank. There might be a hoist of tangible reasons (often is, especially where mental health’s concerned) but ultimately that Lidl bag lies with the person more than the bank. Ditto for wonga.com.

[Cherie]

Originally Posted by Redway

But these are things you’re kinda supposed to know before you even think about asking Barclays or NatWest for a credit card. Not to judge or shade anyone but if there’s any doubt that you’ll be able to pay back what you owe at the end of the month (or spend more than you can realistically-afford to pay back), that’s on them, not the bank. There might be a hoist of tangible reasons (often is, especially where mental health’s concerned) but ultimately that Lidl bag lies with the person more than the bank. Ditto for wonga.com.

well that is where the problem lies, there is a negative side to owning a credit card if you cant control spending or do not have the funds to pay it back each month, its how banks make some of their money unfortunately

[Redway]

Originally Posted by GoldHeart

I have no idea,but I've never trusted credit cards ever .

Because you can’t pay your debt back on time?

[GoldHeart]

Originally Posted by Redway

Because you can’t pay your debt back on time?

I've never used a credit card in my life , and I've never been in debt thankfully.