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EGG-Can I do this..?
ferry
Posts: 2,016 Forumite
in Credit cards
Just wondering if this is possible..
Basically I'm expecting a big hike in rates on my Egg card soon as it seems they're informing their customers recently according to several threads on this board.
At the moment I have 2k outstanding on my card.If I apply for a flexible loan from them,which would be around 7 or 8%,have it paid into my Barclays account,then pay off my card with it,thus leaving a debt with a much smaller APR oustanding with them..
Is this possible ,or will they not allow me to pay off one debt with another from the same lender?
Terry
Basically I'm expecting a big hike in rates on my Egg card soon as it seems they're informing their customers recently according to several threads on this board.
At the moment I have 2k outstanding on my card.If I apply for a flexible loan from them,which would be around 7 or 8%,have it paid into my Barclays account,then pay off my card with it,thus leaving a debt with a much smaller APR oustanding with them..
Is this possible ,or will they not allow me to pay off one debt with another from the same lender?
Terry
:j
0
Comments
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Egg will let you pay off your egg card with a loan.0
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