credit card best option?

kayteigh

Hi just looking for some advice I currently owe over 1,000 in rent arrears need a quick fix for money so would a credit card be a good idea? I have a good credit rating as far as I'm aware and what would be the best credit card to get? Thanks for any help I need it!!

Trapezius

If you're that much in rent arrears, I wouldn't recommend a credit card. I fear that you'd just have the same problem with that.

If you must, I suggest a Santander 321 card or any cashback card, as you should be able to minimise the impact it has on you.

The_Boss

kayteigh wrote: »

Hi just looking for some advice I currently owe over 1,000 in rent arrears need a quick fix for money so would a credit card be a good idea? I have a good credit rating as far as I'm aware and what would be the best credit card to get? Thanks for any help I need it!!

You don't really have a credit rating though. Different lenders score applications for different financial products differently. If you do not have any credit cards already, as would seem to be implied, then you could struggle to get anything suitable.

[Deleted User]

Loan from your bank is probably the quickest/easiest option. If you've not had a CC before you may struggle to get a 0% card with a £1000+ limit (which is what you want). Any low-end card will screw you for interest unless you pay back in full straight away and probably won't give you £1000 limit anyway.

manami_mnm

1. Try to get a low interest loan from your bank or local credit union.
2. Try to sell any thing you own and don't need it anymore.
3. Try to obtain a credit card, however don't apply for a cash advance as it charges interest from day 1. Instead, buy your daily groceries and pay your bills on the card and use the cash - that you would use it to pay for groceries and bills - to pay your rent arrears.