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Should I take this LOB balance transfer offer
Seaxwyn
Posts: 4,896 Forumite
in Credit cards
Hiya, I have £14,500 credit card debt across 4 cards, mostly on low life of balance deals. I have £2,800 on a Santander card with the 0% deal ending soon, which I am looking to transfer.
I have applied for another card for 0% balance transfer and been declined. Barclaycard have offered me 6.9% LOB with a 2.5% fee. Should I take this, or carry on phoning round?
Advice gratefully received!
I have applied for another card for 0% balance transfer and been declined. Barclaycard have offered me 6.9% LOB with a 2.5% fee. Should I take this, or carry on phoning round?
Advice gratefully received!
Total debt: 1 January 2007 £[strike]49,387.79[/strike] 1 January 2012 £[STRIKE]19,312.85[/STRIKE] 1 August 2012 £11,517.62
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Comments
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OK, no reply needed as I have just been accepted for a nationwide CC with 0% for 15 months - that should give enough time to pay off that pesky balance.Total debt: 1 January 2007 £[strike]49,387.79[/strike] 1 January 2012 £[STRIKE]19,312.85[/STRIKE] 1 August 2012 £11,517.620
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