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What to do?!
I have recently purchased my first property and of course managed to rack up a fair bit of credit card debt. I took out life event insurance before completing on my property which I am expecting to pay out £1000 over 3 months. After that I have decided to take out a loan over 3 years to clear the remainder of my CC debt and cut the thing up. However, it is part of my plan to update my very dated kitchen within the next year. I have already looked into this and would expect it to cost around £3000 (its a small 1 bed flat). I am thinking that the loan I take should cover the cc debt but also the cost of redoing the kitchen. I just don't know what the right thing to do is - take out a loan for just the CC and look to pay it off over the next 3 years or take the additional money and install a better kitchen and improving the value of my property? and potentially add another 2 years to the loan repayments....
Aside from this, I only have my student loan (which is due to be paid off in the next 2 years) but no other debts....I am in two minds as to what to do....Could I have your views?
Aside from this, I only have my student loan (which is due to be paid off in the next 2 years) but no other debts....I am in two minds as to what to do....Could I have your views?
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