Help please - store cards

clairrrr

Did the most stupid thing possible when I came back from travelling and opened up a store card. The money has built up to a significant (!) amount due to me being careless/stupid. Doubt I will be able to do a balance transfer on a 0% interest credit card because I have a couple of recent outstanding bank charges, which will have altered my credit rating.

Currently waiting for my student loan to come through; not sure how long this will take, maybe four weeks? As soon as it's through I will have to pay off my outstanding balance but until then is there anyway I can transfer the money on my store card to another card where interest isn't as high and I can pay off small payments to clear it?

Your help appreciated,
Silly Clair

emma396

how much is the balance?

clairrrr

Does it matter what the balance is? Rather not share.

sdooley

If you already have a credit card, ring them up and ask if you can do a balance transfer - often for an existing card they will not do a credit check if t's within your card limit.

When you call them, ask if they can do a deal on a balance transfer - might not be 0% but might be less than standard rate (and certainly less than store card rates).

clairrrr

Yes I do have one with halifax and I'll see if they can do a balance transfer for me. It won't be 0% but you're right, it can't be as much as a store card. I'll try it. Cheers!