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reassurance needed

irishpot · 2006-08-23 15:55:14

Hi Just need some reassurance. I currently have a loan of £6300 with a credit union paying over 1% interest a month. However I’m hoping to do a balance transfer to a GE credit card at 0% for 12 months. Are there any pitfalls off moving a loan to a credit card, as I have shown my girlfriend the money & time we could…

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irishpot Posts: 34 Forumite

24 August 2006 at 12:18PM

Hi Everest

When applying for the card I have requested them to do a balance transfer to one off my existing credit cards which has nothing on it, then i could tranfer this credit to pay off my loan. So you are correct, I'm just trying to work around that bit.

Thanks

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reassurance needed

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