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Quickie CC question
Al-Glasgow
Posts: 15 Forumite
in Credit cards
I have a Lloyds tsb visa card, approx 20% rate.
my balance is 2k.
my minimum payment is approx £70/month.
I wish to transfer to interest free for as long as I can, the only thing I would worry about if the minimum payment would rocket.
If i could pay £100/month then 20 months would pay off the card.
anyone with any suggestions for me ?.
Alan
my balance is 2k.
my minimum payment is approx £70/month.
I wish to transfer to interest free for as long as I can, the only thing I would worry about if the minimum payment would rocket.
If i could pay £100/month then 20 months would pay off the card.
anyone with any suggestions for me ?.
Alan
0
Comments
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I would take out a 0% apr 18 month bal transfer. Virgin seems a good card atm.
You do normaly have to pay a bal transfer fee normaly 3% of total bal for transfer
sooo 18months intrest free 1800 then 260 quid left in whatever apr the card is so around 21 months to pay card.
Just rember to close the old card as you may be tempted to use it.0
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