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Money transfers
Michael_Reid_2
Posts: 1 Newbie
in Credit cards
Want to buy a new car, seen one very suitable at £9,000 and I'm wondering if a money transfer would be better than going for finance? That is if you can get a 9,000 money transfer to your account, or would it be possible to get 2 money transfers to my account at £4,500 each?
0
Comments
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It's possible, depending on your circumstances.
But make sure you understand the fees, rates and time scales.0 -
Yes - I got one with Virgin for £5000 for a fee of only £119.50 - 36 months interest free (providing you pay the minimum direct debit which is about £55 a month for me) and cheaper than any loan out there. Obviously depends on whether or not they will give you a credit limit of that much.0
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I recently got one with Virgin £10,000 with a £169 fee and 32 months at 0%.
It depends on your circumstances as to what someone is prepare to lend youI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0
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