Persistent Debt with MBNA

If you have been paying the minimum payments to MBNA, you may have received a letter asking you to increase your monthly payment.

If you are concerned that you will be unable to increase to the minimum payment, it might be time to seek debt advice. Our advisors will carry out an initial assessment with you and recommend the most suitable services to get you debt free.

Many of our debt management customers have debts with MBNA and they are very responsive to freezing interest and charges, though they are not obliged to do so.

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More information about debt management

Who are InControl?

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Number of InControl clients with this debt: 387

MBNA are a credit card provider.Typical interest rates on credit cards are 9% and can be as much as 40% Apr.If you miss a payment or exceed your credit limit with MBNA you could incur high charges making credit cards a costly way to borrow.We often get interest and charges frozen with credit card companies meaning the reduced payments you make actually clear your debts quicker.

Creditor Information

MBNA,
PO Box 30,
Chester Business Park,
Chester,
CH4 9WW
Tel: 01244 574 667
Tel: 01244 574 667 DM offers
Fax: 0208 639 8826
www.mbna.co.uk

Facts & Figures

InControl deal with MBNA

Total debt under management:
£538,218.15
Total repaid:
£409,343.93
Average Balance:
£1,564.59
Average Payment:
£28.86

Know Your Rights

Companies such as MBNA should comply with the Rules and Guidance set out by the Financial Conduct Authority.

  • MBNA cannot refuse to deal with InControl as your appointed representative
  • If you appoint InControl, MBNA should NOT contact you if you have asked them to speak to us.
  • MBNA should NOT harass you by calling you frequently or making threatening statements or gestures.
  • MBNA should NOT pressure you into paying in full or in large instalments.