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Cash or Credit Card, or Both???
Lexiconnolly
Posts: 2 Newbie
in Loans
Hi, I am about to rent out my house so I can live with my boyfriend. Before I do this I need to have the house decorated (painted) and I also need new carpets and a boiler.!
I have a friend who is a painter and decorator who has given me a very good price to do the painting, but would need to pay by cash as he is self employed and doesn't have the facility to take credit card payments. !
The carpet and the boiler I am able to pay by credit card.
My question is, should I take out one cash loan for £2,000 to pay for all of this, which the APR would be around 18% or should I take out a loan for £900 for the painting at 18% and use a credit card for the rest of the money, which I could easily pay back within a 6 month interest free period?!
Here is a breakdown of my costs:
£900 Painting
£900 Boiler
£200 Carpet.!
Also if anyone knows of any good deals on boilers/installation would also be appreciated.!
Thank you in advance for any responses,!
Alex. !
I have a friend who is a painter and decorator who has given me a very good price to do the painting, but would need to pay by cash as he is self employed and doesn't have the facility to take credit card payments. !
The carpet and the boiler I am able to pay by credit card.
My question is, should I take out one cash loan for £2,000 to pay for all of this, which the APR would be around 18% or should I take out a loan for £900 for the painting at 18% and use a credit card for the rest of the money, which I could easily pay back within a 6 month interest free period?!
Here is a breakdown of my costs:
£900 Painting
£900 Boiler
£200 Carpet.!
Also if anyone knows of any good deals on boilers/installation would also be appreciated.!
Thank you in advance for any responses,!
Alex. !
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