balance transfer or not?

egghead

hi i wonder if i could get any advice ,

here are my and oh credit cards, the balances and apr's im unsure what to do and are trying to pay them off as quick as possible and dont know which ones to transfer,

anyway here goes,

1100, 12.9 apr (me) available 1500
89.50, 18.9 apr ( me) avalible 1500
1400, 15.9 apr (me) avalible 1500
300, 29.9 apr (me):eek: avalible 2000 BAD CARD:mad:
254, 29.9 apr (oh):eek: avalible 1600
984, 24.9 apr (oh) avalible 1500

the fact is i have got a new card and the apr is 9.8apr which is brilliant and they have given me 3200 limit, am i allowed to transfer oh credit cards to mine? if i have a card from his account ( if you get what i mean)

i am going to close the BAD CARD as the apr is 2 high, so i will have a card to cut up and 2 grand less avalible, what should i do with the other cards?

thanks in advance xxx

M_Thomson

egghead wrote:

hi i wonder if i could get any advice ,

here are my and oh credit cards, the balances and apr's im unsure what to do and are trying to pay them off as quick as possible and dont know which ones to transfer,

anyway here goes,

1100, 12.9 apr (me) available 1500
89.50, 18.9 apr ( me) avalible 1500
1400, 15.9 apr (me) avalible 1500
300, 29.9 apr (me):eek: avalible 2000 BAD CARD:mad:
254, 29.9 apr (oh):eek: avalible 1600
984, 24.9 apr (oh) avalible 1500

the fact is i have got a new card and the apr is 9.8apr which is brilliant and they have given me 3200 limit, am i allowed to transfer oh credit cards to mine? if i have a card from his account ( if you get what i mean)

i am going to close the BAD CARD as the apr is 2 high, so i will have a card to cut up and 2 grand less avalible, what should i do with the other cards?

thanks in advance xxx

Hi,
Who is the card issuer of your new card at 9.8 APR?

egghead

cahoot credit card

sicker

If I were in this position I would b/t the £89.50, £1400, £300, £254 and £984 (£3027.50)to the new card then make the minimum monthly repayments to the new card whilst paying as much as I could afford to the remaining 12.9% card. I would also close the cleared cards. Remember to pay slightly more than what's due to cover any extra interest.

John