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What do i pay off first?
gg2011
Posts: 41 Forumite
Recently been lucky enough to be refunded PPI money. But now not sure what to pay off first...I have recently been refunded £800!
Here is what i owe
Wonga - 844
PD UK- 500
Credit Card - 1800
Vanquish 900
Here is what i owe
Wonga - 844
PD UK- 500
Credit Card - 1800
Vanquish 900
0
Comments
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Recently been lucky enough to be refunded PPI money. But now not sure what to pay off first...I have recently been refunded £800!
Here is what i owe
Wonga - 844
PD UK- 500
Credit Card - 1800
Vanquish 900
Pay off the one with the highest interest rate first.Debt-free day: 8th May 2015 "Remember that sometimes not getting what you want is a wonderful stroke of luck," Dalai Llama0 -
agree with above - the one costing the most should be payed off first0
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Get rid of PDUK. Sling the rest into Wonga. At least that way you've cleared one altogether and made a good dent in another
HBS x"I believe in ordinary acts of bravery, in the courage that drives one person to stand up for another."
"It's easy to know what you're against, quite another to know what you're for."
#Bremainer0 -
I'd imagine payday loans first followed by Vanquis then your other CC - make sure you check interest rates plus whether any are likely to incur charges for not paying them off soon.Savings target: £25000/£25000
:beer: :T
0
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