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Changing Credit Card

Deckchair
Deckchair Posts: 2 Newbie
in Credit cards
Looking for some advice,


Coming to near end off credit card got £2000 to pay which I can do so, Was looking to switch credit cards to pay off loan and expiring credit card which total will be about £5000, what would be best way to go about this

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Deckchair wrote: »
    ...Coming to near end off credit card got £2000 to pay which I can do ...Was looking to switch credit cards to pay off ...expiring credit card ...
    Is it just me? If you can pay it off just do it.

    Re the loan see
  • Anthorn
    Anthorn Posts: 4,362 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Deckchair wrote: »
    Looking for some advice,


    Coming to near end off credit card got £2000 to pay which I can do so, Was looking to switch credit cards to pay off loan and expiring credit card which total will be about £5000, what would be best way to go about this

    Transfer the CC balance to a 0% BT card and pay it off before the 0% period expires and use the £2000 to reduce the loan. Depending on the lender there could be a fee if you pay off the loan early.
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