Pay off Loan or 0% CC

MustStopSpending

I've been blitzing my CC this month, it's 0% til Sept and after that I will transfer what is left outstanding to another 0% deal.

I also have a loan which I can overpay on and am getting charged interest on - suddenly thought, should I be trying to clear this first as CC debt can be shifted from 0% to 0% relatively easily.

Any advice appreciated.

dreamdreamer

What's the APR on the Virgin card once the deal runs out?

If you're confident you'll get another 0% deal on the CC then yes, pay off the loan first as the credit card is essentially "free" whereas the loan is costing you around £15 a month in interest.

Tixy

What interest rate are you paying on the loan?

Tarting CC debt is getting more difficult plus of course you still have to factor in the BT fees for each time you move it, how many more times would you expect to need to tart it if you overpay the loan instead? Do you already have an empty card open you are hoping to get a existing customer promo deal on or would you be applying for a new card?