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Please Help

dannyuk
dannyuk Posts: 12 Forumite
in Credit cards
Hi,

I currently have a credit card with Virgin & am coming to the end of my 15 months interest free. I also have a loan with my bank Lloyds TSB which i got in Sept 08 for £6000, & currently have £5,100 to pay back.

I'm planning on part-exing my car to get a new one, but what i need to know is, if i take £1000 from my virgin card and then transfer the whole debt to another 0% interest free card. Would i owe £1000 to virgin or with me transfering everything across to another card would my virgin account be settled?

Comments

  • Moggles_2
    Moggles_2 Posts: 6,097 Forumite
    Yes, your Virgin account would be settled and you would owe £1000 to the new 0% BT card.
    People who don't know their rights, don't actually have those rights.
This discussion has been closed.
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