Ive just been made redundant and need to do a balance transfer, but i am declined when i say i am unemployed?

Question

how do i apply for a new credit card for a balance transfer when i am employed

Answer 1

You will have to wait until you get another job, i do not think anyone will accept you while you are unemployed.

Answer 2

If you are not employed, you will not be approved for a new credit card.  Stop applying as each application hurts your credit score.

Answer 3

Definately stop applying - it hurts your credit score.

Figure out what you can afford to pay monthly - it's better to manage the debt (pay it slowly) than skip payments.

Whatever you do always try and pay more than the minimum amount because you will pay the interest and a portion of debt off.

Hope this helps.