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can i clear my debt with one card intrest free?
heathersm
Posts: 1 Newbie
in Credit cards
i have debt for about £3000 one with a loan from bank and one overdraft from same bank, my credit rating is vgood but the loan is charging me an extra £50 a month and i am paying roughly 120 back i have 1 year and half left what can i do to pay it all back in one card? , please ,
0
Comments
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You can try for a card which allows for a 'super balance transfer' whereby money gets put into your account and then you can distribute accordingly. The fees I think are 3.5% and upwards then you have your 0% period.0
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No. You would simply be moving the debt from one place to the other. Not clearing it.can i clear my debt with one card intrest free?
Balance transfer fee plus early settlement costs on the loan mean that it may not be a worthwhile move. Check the costs and benefits carefully before going ahead.0
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