Resolved Question

Credit card company MONUMENT,are they having difficulties as i notice they are not taking any new applicants?

Best Answer - Chosen by Voters

They have closed down due to difficult financial circumstances. They stopped taking new credit card applications around a year ago. They have cancelled all issued cards. They have asked all customers to repay balances.

http://www.guardian.co.uk/business/2009/…

100% 1 Vote

There are currently no comments for this question.

Other Answers (1)

• Uk answer: Monument is owned by the Lenlyn Group, owners of Raphaels bank (a large private bank) and various foreign exchange portfolios. They also own MEM consumer finance, who specialise in bad credit loans at high rates of interest. Chances are, they believe they can get a better return for their money here at the moment.

  0% 0 Votes