Two Cards To Way off

chris1988uk

I have two Capital One credit cards.
First Card is the basic Capital One card APR 34.9% which i owe £724.16
Second Card is there Progress card which my APR has just gone down now to 28.8% which i owe £467.70

I only work 12hours contract at national minimum wage sometimes getting overtime and have been trying to pay them both back with little success.
Which card would i be better trying to pay off first my highest outstanding balance or the lowest APR rate?

Cycrow

always go for the most expensive debt first, as that'll be costing you the most in the long run.

so clear the card with the highest apr

just remember to keep the minimum payments up on the other

chris1988uk

The real problem i have is only working part-time unless i get overtime it's only £300 a month.
After rent, bills and spending i only have £30 left as extra i can pay.

debt-freeoneday

Hi there

The interest rates are pretty high on those cards. Is there any way you could apply for another credit card with a 0% interest rate on balance transfers? Perhaps you could consolidate the two cards. Then even if you only make the minimum payment, you will still be paying more off then you are now.

chris1988uk

debt-freeoneday wrote: »

Hi there

The interest rates are pretty high on those cards. Is there any way you could apply for another credit card with a 0% interest rate on balance transfers? Perhaps you could consolidate the two cards. Then even if you only make the minimum payment, you will still be paying more off then you are now.

Tryed applying for other cards to do this with little success due to being a low income not many places will give me a card.