Advice please

debftfreedream

Hello all - I’m back after a little while away trying to shape up my finances.
I’ve dithered around to be honest and still juggled so not really got far. However, I need advice again please all.

My debts are

£10,791 Lloyd’s loan - repay £343 a month
£899 Halifax cc @ 26% - repay £40 a month
£1918 barclaycard cc @ 22% - repay £55 a month
£2925 rbs cc @ 17% - repay £64 a month
£4745 M&S cc @ 18% - repay £129 a month
£5931 virgin cc @ 19% - repay £134 a month

My lovely dad is giving me £9000 towards my debt.
My question is where would I be best putting that £9k too to make it count?

debftfreedream

Anyone? ��

Louoffofsparkle

I’d pay the virgin Barclaycard and Halifax credit cards that way you’re rid of the higher apr cards

Martah

Halifax, barclaycard, virgin. Any chance you can get any 0% deals for the other ones and do a balance transfer? Good luck

[Deleted User]

Hey,

I would get a settlement figure for the loan and pay that off then you have that £343 extra a month to tackle the other cards.

You probably won't get the full loan paid in one go right enough so may still have another couple of payments before you can start paying that amount to the cards.

Dxxx

debftfreedream

Thanks everyone