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Very/Next account transfer HELP!
Ljhutbut
Posts: 1 Newbie
Hello!
I have to a very account (£1684.00) and a Next account (£1733) interest is high and I want to transfer both balances but those account don't allow you to do that, I think I'll have to clear both balances with a credit card then transfer the total over.
Is this right and what cards? I'm clueless
I have to a very account (£1684.00) and a Next account (£1733) interest is high and I want to transfer both balances but those account don't allow you to do that, I think I'll have to clear both balances with a credit card then transfer the total over.
Is this right and what cards? I'm clueless
0
Comments
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Hello!
I have to a very account (£1684.00) and a Next account (£1733) interest is high and I want to transfer both balances but those account don't allow you to do that, I think I'll have to clear both balances with a credit card then transfer the total over.
Is this right and what cards? I'm clueless
You are confusing credit cards with credit accounts.
You cannot transfer a credit account.0 -
In theory you could apply for a Money Transfer card, which would (assuming you got a card with such a limit) enable you to get money transferred to your account on 0% for x months (a small fee will apply). You could then use the money to reduce your two account balances.Dwy galon, un dyhead,
Dwy dafod ond un iaith,
Dwy raff yn cydio’n ddolen,
Dau enaid ond un taith.0 -
Hi,
Why not post a statement of affairs (SOA) so we can get a fuller picture of you overall finances ?
Link here :
http://www.stoozing.com/calculator/soa.phpI’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it 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.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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