0% or high interest?
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katie4
Posts: 430 Forumite
Which would be better to pay off first?
£3300 on 0% or £3500 on 42% apr
£3300 on 0% or £3500 on 42% apr
0
Comments
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Better to clear the interest bearing loan first.
However, you don't say how long the 0% lasts and what APR it will move to once 0% offer has ended. That could have an influence on your decision.DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j0 -
Best thing will be to resolve why you are spending more than you are earning, or why you needed CC to fund whatever they funded.Debt is a symptom, solve the problem.0
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enjoyyourshoes wrote: »Best thing will be to resolve why you are spending more than you are earning, or why you needed CC to fund whatever they funded.
because i previosuly worked part time and couldnt make ends meet I am now full time and have extra money to put towards these debts which is why im asking for advice on which one is best to pay off first0
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