extra cash just one month

BeautyandtheBeast_3

which one shalli put it towards?
i have £300 which was unexpected this month so what debt(s) shall i offset it against?

Next = 26.9%
M&S = 20.9%
Tesco = 7%
Virgin = 0%
egg = 0%

Its pointing towards Next and M&S isnt it??

KipKip_2

yes get rid of them big nasty interest rates!!!! do it! :j

GeorgeUK

Yes, unless you can pay off one of the cards and hopefully get another 0% or LOB offer.

gfplux

Without all the info -
Clear the Next, do you know the exact amount.?
CUT UP THE CARD, you don't need to close the account. Of course they will send you a new card when the old one expires. You can decide then if you cut up the new card.

The rest to M&S

Good Luck

BeautyandtheBeast_3

gfplux wrote: »

Without all the info -
Clear the Next, do you know the exact amount.?
CUT UP THE CARD, you don't need to close the account. Of course they will send you a new card when the old one expires. You can decide then if you cut up the new card.

The rest to M&S

Good Luck

The Next isnt a storecard its the Next Directory online account thingy - I wonder if its possible to get them to give me an upto date figure and then i could overpay - its just that they dont send statements out until 19th of the month and i dont want the money sitting lying around because i would get spent in my moment of madness

BeautyandtheBeast_3

GeorgeUK wrote: »

Yes, unless you can pay off one of the cards and hopefully get another 0% or LOB offer.

Thanks but i think i may have exhausted all my 0% opportunities! but thanks for the advice -it is appreciated :beer:

gfplux

Why not call NEXT now.

Katy_M_2

Do it now!!!! Kill the Next Card!! Cancel it!!!

GO GO GO!!!!

Excellent news on the extra cash - hooray!!

Katy_M_2

THEN....with some of the extra cash left over.....pay off some of the M&S and leave yourself some in your current account so u dont have to use your credit card at the end of the month.

See how it all starts coming together once you start?!

With reference to your well deserved new wardrobe.....try the charity shops....if you are lucky you can get good stuff....I've found loads of Next & Jane Norman stuff on my travels.

shamac

If you go online with next you can see exactly what your balance is.

GeorgeUK

Before you go cutting up cards, you can sometimes get 0% and LOB offers as an existing customer. This usually also means that a credit check is not required. If you are able to clear a card and possibly transfer with a BT offer, you may be able to move when one of the 0% cards runs out or possibly move some of the higher APR debt.

You don't always need to open a new account for a BT offer.