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Reconfigured Debts & Current Acc
ARCHIGRAD
Posts: 1 Newbie
I am a 25 yr old looking to reconfigure how I handle my money:
I currently have 1 Credit Card and 2 Current Accounts, with a couple of Saving Accs - one a Help to Buy ISA and a standard Saving Account.
I am looking to structure a way to pay off my CC debt - Any tips?
A couple of Questions:
Does applying for a transfer balance CC effect my credit score/rating?
Does having more than 1 credit card negatively or positively effect a credit score?
Kind regards,
Matt
I currently have 1 Credit Card and 2 Current Accounts, with a couple of Saving Accs - one a Help to Buy ISA and a standard Saving Account.
I am looking to structure a way to pay off my CC debt - Any tips?
A couple of Questions:
Does applying for a transfer balance CC effect my credit score/rating?
Does having more than 1 credit card negatively or positively effect a credit score?
Kind regards,
Matt
0
Comments
-
Post up an SOA, or at least give an idea of your free cash, CC debt, APR etc!
Getting a 0% Balance Transfer is of course better than paying interest. Don't worry about your credit score, getting the CC debt cleared is the aim here, and doing so will help your aim of getting a house, which I assume is the case with the HTB ISA.
In debt and looking for help? Look here for the MSE Debt Help Guide.
Also, If you need any free and impartial debt advice, the National Debtline, Stepchange, and the CAB can help.0
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