Balance transfer - best advice

Risco

I have three credit cards, 1 with zero on that I never use. One with /£380 and one with £4500. I only took out the one with £4500 as I was expecting my motorbike claim to be settled by now and thus allowing me to clear the balance. However it has taken longer than expected and thus I need to balance transfer.

I can clear £2000 now of the balance. I also did a soft search on nationwide and they offered a £2500 limit, which is not enough. I have a good credit score of 906 with Experian and 3/5 with noodle.

What do you suggest the best course of action is? I want all the remaining balance on 0%.

grumbler

What are the limits (total credit available) vs your income?

And you don't have to transfer the total balance to one card. Every little helps.

Risco

grumbler wrote: »

What are the limits (total credit available) vs your income?

And you don't have to transfer the total balance to one card. Every little helps.

Difficult as I am sales and therefore work on bonus. So I always put in my basic and therefore about 40%.

grumbler

If you get close to 50% you can start facing difficulties with getting big new limits. Ask the existing providers if they can offer you some 0% deal and possibly close some if you don't need it. Then you'll need to wait until the information in your credit files gets updated.