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What to do????
felix43
Posts: 1 Newbie
in Credit cards
I am looking for advice please:o. I have trustcard with LLoyds TSB and the current balance on there is just under £10k. I have been paying my monthly bill regularly and on time. The monthly fee I have been paying is around £210.
I am thinking of transfering the balance to a new 0% credit card, ideally with a limit of £10k. Is this possible?? and are there any particular companies that anyone can recommend at the moment?:(
I am very new to this and have never dealt with transferring a balance between cards before, therefore, any help is very much appreciated.
I am thinking of transfering the balance to a new 0% credit card, ideally with a limit of £10k. Is this possible?? and are there any particular companies that anyone can recommend at the moment?:(
I am very new to this and have never dealt with transferring a balance between cards before, therefore, any help is very much appreciated.
0
Comments
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Certainly possible, but there is no guarantee you'll get a 10k limit on the new card. Even so it may be more cost effective to transfer even part of your debt to 0%. Work out how much you can pay off of the actual sum and what the APR turns into after the 0% is up to work out whether it is overall cheaper over the life time you intend to hold the debt for.I wonder why it is, that young men are always cautioned against bad girls. Anyone can handle a bad girl. It's the good girls men should be warned against.-David Niven0
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