Please help! Need higher credit limits or a new card

For just about anything you want to get off your chest about credit cards.
5 posts
Dani723
 
Posts: 2
Joined: Sat Apr 07, 2012 5:14 pm
Location: United Kingdom

Please help! Need higher credit limits or a new card

Postby Dani723 » Sat Apr 07, 2012 5:40 pm

I'm in a difficult situation right now. I've invested all my savings into Internet Marketing, and it's likely that it will pay off, but it's time consuming, I have to wait for my blog's rankings to improve in Google, and right now, I'm getting into debt.

I have several serious physical and mental issues and I feel too depressed to go out and work. I am making enough to pay off my credit card's minimum each month, but not pay off my balance. It's quite possible that in a few months my Internet Marketing efforts will make me a couple of thousand pounds a month or even much more ($3,000+ monthly), it's so hard to predict. But for now, I'm in debt.

I need to raise my credit limit or get a second credit card immediately. I'm looking for advice on how best to approach this. I'm using Barclaycard platinum visa.

It's been over 6 months so I can apply for a higher limit. Should I contact them in person or apply for a raised limit online? I've seen the form. I was planning on answering 'self-employed' for employment and 'business' for why I wanted the credit limit raise. Both honest answers.

I still live at home with my parents, I'm a real mess right now. I can't prove any of my income straightforwardly, which is only about £6,000 ($9,000) a year, but it changes rapidly, working online. I hardly make, or spend any money. I can only live off this because I'm young, and still live at home.

Should I opt for a second credit card? And, in which case, with Barclays or another company? Will that be difficult for me to get in my situation? I imagine so.

Any advice would be greatly appreciated, I'm in a bind!

Thanks then.
Last edited by Dani723 on Mon May 09, 2016 3:43 pm, edited 2 times in total.


Money card
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Location: New York state

Postby Money card » Sat Apr 07, 2012 11:18 pm

first of all how can you or anybody who lives at home with parents be in this kind of mess?

If you have a credit card limit of 9,000 in your country is this a big limit? is it equal to 9,000 dollars or a lot lower I don't know the transaction
from England to the united states money.

If your Barclays is in your area you can take a ride down there and ask or call them on the phone.

I never asked for a credit limit what I would do if I were you, you metioned that you don't pay your bill in full , how do you expect a Bank to give you higher limits? If you did pay your bill in full I would say charge close to your limit if you pay them in full you might see a higher credit limit.

I think when I charged over 1,000 for my cruise that me and my cousin took along time ago Discover raised my limits.

Dani723
 
Posts: 2
Joined: Sat Apr 07, 2012 5:14 pm
Location: United Kingdom

Postby Dani723 » Sun Apr 08, 2012 5:36 pm

Well I've invested £6,000 ($9,000) in one Internet Marketing project, handled by another firm. It might pay off and make me thousands a month, but it was a massive gamble to take.

Perhaps I should aim for a low increase in my limit, since for the last 6+ months, I've only paid off the minimum.
Last edited by Dani723 on Mon May 09, 2016 3:45 pm, edited 3 times in total.

tiznaki
 
Posts: 2
Joined: Mon Apr 16, 2012 10:57 pm
Location: California

Postby tiznaki » Fri Apr 20, 2012 10:04 pm

So your solution to riding a sinking ship is to buy a bigger anchor? Cut your loses and stop spending money you don't have a chasing a dream that's unrealistic. I understand you have issues but that's all the more reason to stop. Blog.........really?

JCarter
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Joined: Thu Mar 15, 2012 10:40 pm
Location: Virginia

Postby JCarter » Sat Apr 21, 2012 6:35 pm

Dani723 wrote:Well I've invested £6,000 ($9,000) in one Internet Marketing project, handled by another firm. It might pay off and make me thousands a month, but it was a massive gamble to take.

Perhaps I should aim for a low increase in my limit, since for the last 6+ months, I've only paid off the minimum.


Quite honestly, you may want to chalk up your losses and start paying them off. You can retain the help of a solicitor for your "Internet Marketing" failure. You should never be paying someone $9,000 for SEO in an MLM/Spam operation.



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