What would you do if you were me?

themaccas

IA, I would pay it off the citi card then you would be left with such a relatively small balance compared to what it was. Then you could split then remaining balances into 3 chunks - The rest of citi - £575, then Barclaycard - 2 £400 lots. It's what I would do but you must do what you think is best. Trust your instinct - look how well it's served you so far:T

Shineyhappy

Well whatever you to decide to do, it is still a big chunk to pay off your debt and that is always good, whichever debt you go for.

mrsspendalot

If you can't pay off barclaycard all in one go, then I would pay it off citi to get the balance to a much more manageable amount which will look like loads less to pay off compared to what it was.

binty

What would you do if you were me?

Firstly, I'd give myself a huge pat on the back for acomplishing SOOOO much in such a short space of time, then I would not beat myself up for cocking up!

Then I'd do the toss the coin thingy, cos that would tell me which one my heart was telling me to do.

Listening to your heart has brought you so far, don't let your stoopid head get in the way now:rotfl:

angelavdavis

Hi, I would pay if off Citi as it will bring both cards to less than £1000 and then phone Citi and Barclaycard and ask for them if they would be willing to reduce the interest rate as you are considering switching the balance elsewhere - it will save you a few £ while you are paying the rest off. They can only say no.

atypicalblonde

Citi all the way for me hun... xx

Dithering_Dad

immoral_angeluk wrote: »

What would you do if you were me?

Hmnn, now are we talking:
a) "what would you do if you were me and in my position"
b) "what would you if you were me in a visa-versa hollywood movie body-shift sort of way"?

If I were you in:

a) Pay the money off the larger debt so that it looks more manageable for next month.

b) Disappear off for an hour or two with a mirror and have a good look/poke about.

Dunno if that's of any help, but I had a good time in my imagination there for a few minutes!! :rotfl:

savvykaz

Hi I_A - defo pay off the Citi

sticky23

Hi IA

Normally I'd say pay Citicard off first.. BUT as it'd give you such a boost to pay another debt (and it would presumably only be 1-2 weeks more before you could completely clear the barclaycard?), maybe you should stick to your original plan. Also when your barclaycard balance is zero you might be able to do a balance transfer - barclaycard do 6.9% for the life of the balance for existing customers.

trainee_debt_buster

Hey lilmiss,

Hope you haven't paid anything off just yet because I've got a leftfield suggestion. Pay the cash of Barclaycard and do a balance transfer from Citi to Barclaycard that should hopefully have an interest rate of the transfered amount of about 5.9% (you'll have to double check what the rate is for your particular card). In fact you might be able to get all your BC debt to 5.9% by doing the credit card shuffle, read this link for the full explanation:

http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1102335753,51771,

I'm in the process of doing the same thing with my Capital One card - 29.9% and Barclaycard - 19.9%. Looking forward to be able to kiss goodbye to that huge clunky interest rate of Capital One and having a nice petit rate on my Barclaycard whilst I dig in to my overdraft.

And if you have paid off Citi this month, you can still do the shuffle but you may incur some transfer charges moving the balances back and forth, but hey, it may just be worth it!:T