We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
CC interest ?
mumofthetwins
Posts: 1,111 Forumite
Hi guys .. I'm just after a bit of advice please ..
So half way through the month I managed to just about clear another cc .. I had £250 on it but I had a dd payment that was due out for £300 so I thought I would just leave this then the extra would go towards interest owed.
So roll on today I have had my latest statement and there's no interest on for July ?
The balance is now £50 in credit .. Does this sound right .. I would have thought that there would have been interest owed.
I knew you guys are the ones to ask 😉
Just I'm trying to figure weather to keep some cash for any extra owed for this interest or to pay it off the next card ..
Hope this makes sense
Lisa x
So half way through the month I managed to just about clear another cc .. I had £250 on it but I had a dd payment that was due out for £300 so I thought I would just leave this then the extra would go towards interest owed.
So roll on today I have had my latest statement and there's no interest on for July ?
The balance is now £50 in credit .. Does this sound right .. I would have thought that there would have been interest owed.
I knew you guys are the ones to ask 😉
Just I'm trying to figure weather to keep some cash for any extra owed for this interest or to pay it off the next card ..
Hope this makes sense
Lisa x
DFW
January £0/£11,100
NSD
January 1/31
January £0/£11,100
NSD
January 1/31
0
Comments
-
That sounds right.0
-
Deleted_User wrote: »That sounds right.
Thanks .. guess I was a bit shocked as I thought I would have had interest added .. but hey ho that's more to pay off other card :T now I'm £50 in credit on this one though not sure what I should do ?
Do you think I should just get shopping on it and use grocery mo years for overpayment ... just I have hidden the card out the way and not sure where it is (hid it ages ago as I don't use it lol)
Lisa xDFW
January £0/£11,100
NSD
January 1/310 -
Spend it when you will find it, the money isn't going awaymumofthetwins wrote: »Thanks .. guess I was a bit shocked as I thought I would have had interest added .. but hey ho that's more to pay off other card :T now I'm £50 in credit on this one though not sure what I should do ?
Do you think I should just get shopping on it and use grocery mo years for overpayment ... just I have hidden the card out the way and not sure where it is (hid it ages ago as I don't use it lol)
Lisa x
. And congrats on your progress! 0 -
Spend it when you will find it, the money isn't going away. And congrats on your progress!
Thanks ... I'm soooo chuffed with how I've done so far, at the end of may I was asking about borrowing additional against my house but after advice on here I have managed to pay off nearly 4 cc without having to do that :T still a couple to go but getting there ....
I owe a massive thanks to everyone here ... me and my boys as as soon as I'm debt free it's saving for uni for them
Lisa xDFW
January £0/£11,100
NSD
January 1/310
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards