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what's better/worse car finance or credit card debt

Kitten868
Kitten868 Posts: 1,785 Forumite
Sixth Anniversary 1,000 Posts
in Mortgages & endowments
Hello everyone,
I'm new to this board. Could anyone please tell me what hurts your affordability more car finance or credit card debt. Currently out car costs £221 a month if I were to overpay the credit £3000 our monthly cost would be £80 a month. This would mean we'd owe an extra £3000 on credit cards but this can be serviced with £25 a month. From what I can tell on the affordability calculator it improves things but will our lender actually be happier?

We can afford it but these new affordabilities are a minefield.

Thank you
Loan 1 £5200/£8000
Loan 2 £300/£5800
Total £5500/£13800
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