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Confused...loans /credit card

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Comments

  • Toomuchdebt
    Toomuchdebt Posts: 2,133 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    whatawit I agree but the trouble is the smaller cards are all around the same sort of balance and won't get paid off for at least 2 years as I simply don't have enough spare cash to do it.I have just listed 8 items in my local paper though for sale so if all those sell I should have £100 extra.I also try and work on a 4 week budget each month and as I get child tax credit weekly on the months I get 5 payments instead of 4 I plan to divide the extra money in half and pay more on the 2 highest interest rate cards.
    Debts Jan 2014 £20,108.34 :eek:

    EF #70 £0/£1000

    SW 1st 4lbs
  • whatatwit
    whatatwit Posts: 5,424 Forumite
    Part of the Furniture Combo Breaker
    I didn't mean right away, i know that it will take a while for any of your balances to fall into the *pay it off now* bracket.

    I think by looking at your sig, that you have already done that.

    Well done on what you have achieved so far. :T
    Official DFW Nerd Club - Member no: 203.
  • Toomuchdebt
    Toomuchdebt Posts: 2,133 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thank you :) Yes I paid off the 3 smaller ones asap and it was a boost psycholgically.If I could shift any of the balances around I would but most cards are up to their limits or on arrangements so I can't put any more on them.Can't wait till I can pay something else off totally!
    Debts Jan 2014 £20,108.34 :eek:

    EF #70 £0/£1000

    SW 1st 4lbs
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