Can i do a Balance transfer from my husbands card to one in my name?

DebtBgone_2

Hi, My OH has about 3000 on very high interest cards. i think i will be getting a 0% deal and was wondering if i can transfer his cc debt to my interest free card

any replies would help thanks

smashedbooboo

Hi hun, i think you maybe better off posting this on the credit card board. There will be a lot more peeps in the know about your question. There are a lot of knowledgable people over there on the subject of credit cards chick. Oh and welcome to MSE and the boards.

Boo x x x x

chevalier

Yes you can balance transfer OH debt onto a card in your name

BUT

Is there a reason why he can't apply for 0% or LOB cards? Has the reason for the spending been addressed.

Don't want it to be that in 6 months he has run up the credit cards again, and you are in even more debt
chev

DebtBgone_2

Hi thanx for reply,

its not just his spending its both of us. we no longer use any of the cards! we were in a very difficult situation for bout 12 months hence loads of debt, however during that time as most debt were put on his cards i have improved my credit rating.

furthermore OH has a fab great new job which really pays so we are aiming to be cc free by x mas(if we can switch to 0%) and debt free by nxt year so we can save for deposit

ultimate aim get a mortgage 2010 with a good deposit 10% mamouth task with debt we have now but not at all impossible!

cat4772

DebtBgone

I BT'd my husbands credit card balance (£3K+) to my credit card low LOB transfer, but I made damn sure he wrote and signed a document stating that in the event we split up he would be responsible for ensuring that the debt was paid.

Since then I got a new CC with a significantly lower LOB interest rate and BT'd £600 onto it. Altogher this brought forward our DFD by 18 months!

Good luck

Cat.x