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  • FIRST POST
    • danielnz31
    • By danielnz31 3rd Dec 17, 5:15 PM
    • 4Posts
    • 0Thanks
    danielnz31
    Advice on 2nd 0% deals
    • #1
    • 3rd Dec 17, 5:15 PM
    Advice on 2nd 0% deals 3rd Dec 17 at 5:15 PM
    So I have two credit cards on 0% interest. One with a balance of 2800 where the 0% deal ends in May 2018 (I am paying off 50 -100 per month so unable to pay off by then) and the other with a balance of 2200 where the 0% deal ends in January 2019 and again I probably wont be able to pay that balance off by then.

    Would my best options be to apply for 2nd 0% deals for each balance separately, given there is a 8 month gap in between, or to try to consolidate both around the May time when the first one expires? And should I start applying now?
Page 1
    • zx81
    • By zx81 3rd Dec 17, 5:43 PM
    • 14,378 Posts
    • 15,159 Thanks
    zx81
    • #2
    • 3rd Dec 17, 5:43 PM
    • #2
    • 3rd Dec 17, 5:43 PM
    Try an eligibility checker in the new year. Your options will depend on what you can get.

    But it seems early to be paying a fee on a balance with over a year to run on 0%, unless you are expecting a significant negative change in your circumstances.
    • danielnz31
    • By danielnz31 4th Dec 17, 1:26 PM
    • 4 Posts
    • 0 Thanks
    danielnz31
    • #3
    • 4th Dec 17, 1:26 PM
    • #3
    • 4th Dec 17, 1:26 PM
    Done that and got 90% eligibility on a 38 month deal with Tesco, 2.5% fee. I want to be prepared though, should i apply now in case I am rejected and need to space out applications not to harm credit score?
    • zx81
    • By zx81 4th Dec 17, 1:33 PM
    • 14,378 Posts
    • 15,159 Thanks
    zx81
    • #4
    • 4th Dec 17, 1:33 PM
    • #4
    • 4th Dec 17, 1:33 PM
    You don't have a credit score. Just credit files, and a couple of searches won't be the end of the world.
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