We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
balance transfer explanation please
Options
mike_pl
Posts: 27 Forumite
I need some clarification please...
I'm in a process of buying a car...
cost is 11k
I can spread this across my 2 cards with 0% for another 2 years.
but won't be able to repay everything in those 2 years...
I'm estimating that there will be a 2-3k outstanding balance on those cards.
would I then need to find a free balance card with a 0% and 3k credit limit and can carry on repaying with no %?
I'm in a process of buying a car...
cost is 11k
I can spread this across my 2 cards with 0% for another 2 years.
but won't be able to repay everything in those 2 years...
I'm estimating that there will be a 2-3k outstanding balance on those cards.
would I then need to find a free balance card with a 0% and 3k credit limit and can carry on repaying with no %?
0
Comments
-
Yes, I have done this before. Do you know if the garage will charge a transaction fee for using credit cards?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards