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Advise on credit card debts?
Bisoy
Posts: 873 Forumite
Hi fellow moneysavers! I just want to seek advise and opinion regarding credit card debts. I am a rate tart and has been doing this for about 3 years. I have debts on barclays CC= £ 3700 and Amazon= £ 3200 both on 0%. In fact in reality I don't really have debts as I have the money put away on high interest savings account and can pay anytime. I just keep on getting new cards to BT these debts and so far been very successful and have not paid any BT fees yet. Do you guys think I will continue doing this system or pay my credit cards and start from scratch? Any suggestions or opinions is greatly appreciated.
Cheers
P.S. Sorry if this not the right board.
Cheers
P.S. Sorry if this not the right board.
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Comments
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Thanks for pointing out Ian. Sorry that it sound a bit misleading. What I mean to say is that pay my credit card debts and just build up my savings from scratch. Mind you its only credit card debts on 0%. We have separate savings for ISA and that's been safe and growing.0
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Thanks a lot Ian.0
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