Help and Advise

netboom

back in march i went full time with my new business. a month after packing up my day job things started to go bad and im now only making 1/4 of what I thought I would so need to tighten my belt up a little until things get better.

I currently have credit card debit listed below.

MBNA # - £650
HBOS # - £1875
Mint # - £1442.05

I'm also 600 into my OD.

I do have money in my business account but I need to keep it in there for cash flow. MBNA have just gave me an interest free offer until july next year.

my interest free has just ran out on all the cards. So I was thinking about transfering HBOS an Mint over to MBNA. Is it best to somehow pay off the £650 first?

Thanks.

shezam

Hi,

The first thing to do is post a SOA (Statement of affairs) The link can be found at the top of the page! This will inform us of all incomings and outgoings including interest rates on Credit Cards. This will allow the brilliant people of this forum to show you were you can cut down and save some money
Sx

fatbelly

netboom wrote: »

my interest free has just ran out on all the cards. So I was thinking about transfering HBOS an Mint over to MBNA. Is it best to somehow pay off the £650 first?

Thanks.

As long as the credit limit is sufficient, that's not a problem. And if not you can ask them to raise it.

Have a look on the credit cards board for more info.