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what should i pay first

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  • Storm
    Storm Posts: 1,749 Forumite
    Debt-free and Proud!
    OK, what I'd do is use the £12K to pay off the MBNA first & close the account, then as BOS are saying they 'may' give you a better deal once the debt is cleared down, pay that off, then ring them up & ask again about a better BT deal. You then transfer the maximum from Barclaycard onto BOS which worst case is 15.9%, but hopefully may be better. You should still have a bit left of the loan to pay off about £900 extra off Barclaycard.

    Then snowball any extra each month onto the Barclaycard & cut up the cards so you can't keep spending on them!
    Total Debt 13th Sept 2006 (exc student loan): £6240.06 :eek:
    O/D 1 [strike]£1250 [/strike]O/D 2 [strike]£100[/strike] Next a/c [strike]£313.55[/strike]@ 26.49% Mum [strike]£130[/strike] HSBC [strike]£4446.51[/strike]@15.75%[STRIKE]M&S £580.15@ 4.9%[/STRIKE]
    Total Debt 30th April 2008: £0 100% paid off!

    PROUD TO [STRIKE]BE DEALING [/STRIKE] HAVE DEALT WITH MY DEBT ;)
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