Money and Balance Transfers?! HELP.

mn93

Hi,

I'm really needing some help at the moment!
I'm currently paying off a car which is on finance. It is now coming to the end of the contract, whereby I have to pay a balloon figure of around £4700. I can't afford to pay this off in one at the moment, but I really need to keep the car.

Here's a few questions!

Is it possible to get a Money Transfer that will pay off the car at 0% interest.

If it is possible to do the above, If the 0% was coming to an end, and interest would needed to be paid soon, could I balance transfer to another 0% credit card?

Any help would be great! And if anyone knows any credit cards that do the above, that would be brilliant!

Thanks.

YorkshireBoy

http://www.moneysavingexpert.com/loans/plastic-loans#interestfree


http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs

thebritishbloke

Usually the finance company will let you refinance the balloon payment with them, usually at the same interest rate you had the original loan at. That's probably your easiest course of action.

Your other option will probably be cheaper but require a bit more effort, and that's what YorkshireBoy posted above.