Recently back in work after 3 months without salary

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Putting my finances back in order is proving more awkward than I expected, logistically at least.

Specifically with 1 of my 4 credit cards…… MBNA

2 simply froze my account along with interest and any expectancy of payment until my I was back in work and could re-instate the DD.

The 3rd I maintained payments to by whatever means I had to, as there is a substantial figure on zero %.

MBNA however …… they continued to allow my balance to accrue interest and set the missed monthly payments aside as arrears each month. I recently approached them to re-establish my DD, which they we willing to do, but warned me that the first payment would automatically be that months payment PLUS the full arrears. This would be almost £1000 !!!!! Not a sum I can get my hands on as I get back on my feet.

I asked if I could make a manual monthly payment to prevent the arrears from increasing, but they said any such payment would come of my existing arrears and not my balance. They would then add my monthly payment to my arrears, so in effect I would simply be treading water.

It seems ridiculous that they have set the arrears to one side as a separate debt rather than simply add it to my existing balance (there is plenty of room). They appear to be able to offer no solution and I’m stuck in limbo, making no progress with the debt and simply getting a mark against my credit rating every month.

Has anybody else experienced this situation and if so how did you resolve it ?

Many thanks in advance for any ideas.

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