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friends Credit cards debt advice

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I’m trying to help a relative pay off their credit card debt. They have 4 credit cards with about £12k in total on them which they took out to bail out their financially irresponsible child.They can only afford the interest payments on this amount at 29%. As it stands they aren’t ever going to pay off this debt. 

I have heard that there might be two possible solutions

1) default on the repayments so that the credit card accounts are placed into a state that doesn’t accrue any more interest but the amounts can still be paid off

2) default on the payments for several months and await for the banks to offer a significant discount if the debts if one large payment is paid. 

please advise if the options above are viable or you know of any other possibilities. 

thanks in advance 


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if these debts are still with the original creditors then the sooner they issue a default notice, the sooner they will be removed from their credit file.

that action is to stop paying totally for now.


if they have already been sold to a powerless DCA then CCA request them.


who are the original creditors

when taken out 

how much owed

who she has been paying till now


then we'll go from there.




please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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  • dx100uk changed the title to friends Credit cards debt advice

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