Jump to content
House Price Crash Forum
Sign in to follow this  
singlemalt

Mbna Start To Call In The Debt

Recommended Posts

Got an MBNA cc? The time to pony up has arriveth!

Full Article Here

MBNA's 5 million UK credit cardholders face bigger bills in move it says is 'the right thing for all our customers...

MBNA said those regularly paying off only the minimum "could save significant amounts of money over time, and pay their balances off much more quickly" as a result of the change. But it accepted this may be "a significant change" for some cardholders.

For example, someone with £2,500 on their card, whose interest rate is 16.9% APR and who only ever repays the minimum, would see this payment jump from £37 to £57. For those with bigger balances the leap would be more sizeable.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.