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Credit card APR increase
Options
winnie1977
Posts: 1 Newbie
in Credit cards
Hi I have 2 credit cards one at 14% and the other has increased the APR to 29.9%!!! I really want to get my debt sorted out and wanted to know if getting a loan to pay the credit cards off would be a better option long term?
Thanks Winnie
Thanks Winnie
0
Comments
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How much debt do you have? There are loads of 0% balance transfer cards on the market at the moment. The best interest rates on loans tend to be on amounts of £7,500 and over and you can still get good rates of 6-7%. However you do need a good credit rating to consider these options.0
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