I broke the never spend rule!

peterpiper64

I took out a Virgin Card last year, 0% on balance to Oct 09 and 0% on new purchases till Feb 09. Unfortunately due to being lumped with separation costs and dire circumstances, I had to spend. They gave me a whopping 22k spend limit.
Anybody advise options? I thought about transferring the new purchases to aa new card or loan. But not sure! I have till Oct to sort it out but its really worrying that I am may go bankrupt as a result of the costs!
Help!

CannyJock

Clear it from your stooze pot?

cdixon1041k

Not looking good. Could you get a second job? I am not being funny but if you know it could drive you bankrupt, you have no choice but to attempt to pay it back.

Chris

Any

I am not sure I understand your post 100%...
How are you going to transfer just the purchases? That is impossible.
You have to get rid off the whole balance.
Either pay it off (from stooze pot if you have one) or transfer to another 0% deal.

UnoriginalGuy_2

If your credit score is currently "fine." Then take out a low interest personal loan and pay off the card just as you lose the zero interest period. Then attempt to to start paying back the huge pot.

Try and do it now so you aren't in a rush and have to hit high interests loans...

PS - Are you saying you HAD to spend 22k because they gave it to you?