Help for a newbie!

mr_bukem

Hi guys,
I need some help/advice, I'm not the sharpest stick when it comes to money problems hence the amount I owe.
I am fortunate enough to have been lent £10k from a close family member which I have to repay, without interest, at £100 per month until paid off.

I have 4 cards
Virgin/MBNA £5900 = £200 per month
Barclay: £6650 = £150 per month
RBS: £ 1450 = £30 per month
Santander: £3200 = £50 per month (0% on transfers until end November

Now the problem I cannot work out...
I want to pay the virgin off in full,but would I be better off paying the remaining £4100 off the barclay card or paying the Santander and part of the RBS and then transfering £3200 onto the Santander??
My heads spinning and I'd really appreciate any advice!!!

CLAPTON

in general it's best to pay off the debt with the highest APR first

CH27

You need to pay off the card which charges the highest interest first.

pension-newbie

do not transfer as they will charge 3%.

you still have £7,200 (ish) to pay off on the cards after the £10,000 so if the difference in interest isn't too much I would pay off (and destroy) all of them apart from barclays. could be a bit of a stretch on month 1, but then you would be able to see that last card balance plummet.