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Working through it.
Bertrum
Posts: 36 Forumite
Ok so this is a bit of what would you do.
I have been working through my debts and paying things down. I owed at the height of it, around 20k 3 years ago. I'm now left with the following.
CC1 £3010 APR 0%
CC2 £3100 APR 19%
CC£ £1400 APR 16%
Loan £480 3 months left to pay.
The 0% interest on CC1 is about to end. I am about to get some early inheritance from my Dad, no idea of the exact value but I think I will have around £2k to put towards one of the debts.
The loan I will leave as there is no interest left to pay.
The obvious thing to do is to pay the high interest card first, but I would quite like the Barclays one paid off to simplify things.
What would you do?
My credit rating is shot to hell, so a 0% card is not going to happen.
I have been working through my debts and paying things down. I owed at the height of it, around 20k 3 years ago. I'm now left with the following.
CC1 £3010 APR 0%
CC2 £3100 APR 19%
CC£ £1400 APR 16%
Loan £480 3 months left to pay.
The 0% interest on CC1 is about to end. I am about to get some early inheritance from my Dad, no idea of the exact value but I think I will have around £2k to put towards one of the debts.
The loan I will leave as there is no interest left to pay.
The obvious thing to do is to pay the high interest card first, but I would quite like the Barclays one paid off to simplify things.
What would you do?
My credit rating is shot to hell, so a 0% card is not going to happen.
0
Comments
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What rate is the 0% card going to revert to shortly?
You mention Barclays - is that the one your refer to as CC£, with the smallest balance?A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
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