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wanting to clear debt but need guidance?

khampson · 2014-03-23 17:30:47

Hi I need help with the best way to clear my debt, I currently owe my father £2600 which I am paying back at £150 per month, he needs it back so I cant defer this payment and i dont pay interest on this. I also have £1400 on my halifax credit card at 11.9% apr. I can afford to pay back £30 per week on this, what is the…

Comments

redpete Posts: 4,738 Forumite

24 March 2014 at 8:36AM

Bedsit_Bob wrote: »

As for the overpayments, after a few months, the temptation will be to spend the overpayment money on something else.

Especially if you are worried about not being able to afford such predictable spending such as car insurance and food let alone what could possibly be unexpected like car repairs.

loose does not rhyme with choose but lose does and is the word you meant to write.
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