Credit Card

ScrimpingSaver

Help Please

I have an overdraft that I can't get rid of!

Am I able to get a 0% credit card and transfer the credit to my overdraft and then pay off the card in monthly installments?

or is it only credit to credit card?

thanks :j

Cornucopia

Some issuers do allow this - either through a credit card cheque or direct to the current a/c.

http://www.stoozing.com/sbt.php


Alternatively, find one with a 0% on purchases and pay the minimum each month whilst you are paying back the overdraft at an accelerated rate.

grumbler

See the links at the top:
Cheap Credit Card Loans >> 'Cash' loans, using money transfers

Also: http://www.stoozing.com/sbt.php

That said, it can be better to get a card with 0% on purchases and use the 'saved' money to repay the overdraft.

0% Credit Cards: 17 mths interest-free spending

However, if you can't 'get rid of the overdraft', why a CC debt will be different?