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Good Ole Welcome Finance, Help re interest
abby1234519
Posts: 1,961 Forumite
in Loans
Took out a 2k loan with 60somethinginterest.
Now, I've made two payments of £136.09 back so far
I'm actually going to be in a better financial state come february...so...
So I make minimum payments on my credit card of 30.09% apr balance will be around £500 and minimum on Littlewoods catalogue, which is no interest but not sure how it works if payments are late or under what they should be. Whilst doing this paying an extra £100 or £200 to WF
Or do I pay off my credit card and Littlewoods, (can pay off by May) whilst paying £136.09 to WF and then after that pay an extra £250 a month or possibly an extra £500 if I am still working my second job to pay that off. Not sure how the interest works. I know that there are early settlements and stuff but argh brain freeeeeze
Now, I've made two payments of £136.09 back so far
I'm actually going to be in a better financial state come february...so...
So I make minimum payments on my credit card of 30.09% apr balance will be around £500 and minimum on Littlewoods catalogue, which is no interest but not sure how it works if payments are late or under what they should be. Whilst doing this paying an extra £100 or £200 to WF
Or do I pay off my credit card and Littlewoods, (can pay off by May) whilst paying £136.09 to WF and then after that pay an extra £250 a month or possibly an extra £500 if I am still working my second job to pay that off. Not sure how the interest works. I know that there are early settlements and stuff but argh brain freeeeeze
Money money money.
Debt
Dec 2016: [STRIKE]£25,158.71[/STRIKE] £21,999.99
#28 Pay off debt in 2017 £3803.55
Debt
Dec 2016: [STRIKE]£25,158.71[/STRIKE] £21,999.99
#28 Pay off debt in 2017 £3803.55
0
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