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Mazza1990
Mazza1990 Posts: 2 Newbie
in Credit cards
I currently have a Capital One credit card, which i am trying to pay off, but i keep getting charged interest each month.
what is the best way to get round this?

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Mazza1990 wrote: »
    I currently have a Capital One credit card, which i am trying to pay off, but i keep getting charged interest each month.
    what is the best way to get round this?
    Well the obvious answer is to pay more. Can you earn more/spend less elsewhere in order to do this?

    If not, then a 0% BT card may be an option. You'll pay a circa 3% fee to shift the debt, but this will be recouped in around 2 months if you're currently on 15.9% APR or so.

    What's your credit report like?
    How much is the debt?
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Who's that trip trapping over my bridge?
  • originalmiscellany
    originalmiscellany Posts: 1,655 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    It sounds similar to a "A mythical, cave-dwelling being depicted in folklore as either a giant or a dwarf, typically having a very ugly appearance."
    Feb 2012 - onwards MF achieved
    September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
    April 2018 down to 28.00 months vs 30.04 months at normal payment.
    Predicted mortgage clearing 03/2047 - now looking at 02/2045
    Aims: 1) To pay off mortgage within 20 years - 2037
  • Andystriker
    Andystriker Posts: 607 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Pay off the balance in full.
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