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Have £13k MBNA cc debt. Need loan help

Hi, I am new here and need help

I have £13k debt with Virgin/MBNA with interest charges of £210 per month.

Would MBNA turn this into a loan for me with a better interest rate? I can afford to pay back about £350 per month but want an unsecured loan.

Who are the easiest companies to get loans from?

Comments

  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If the debt is on a credit card already, why not see about opening a new card at either 0% or low apr for life of balance to pay it off? It would be cheaper than a loan, although you woul dhave to sort out another 0% deal at the end of the offer. Take a look on the credit card boards about taking advantage of 0% deals.

    Virgin do do loans as well. Typical apr is 6.9% at £350 per month, you could pay the lot off in 42 months (3 1/2 years). Give them a call and see what rate they'd offer you.
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
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