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Help with credit card debt

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Comments

  • shiny76
    shiny76 Posts: 548 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Whilst it may give you 'peace of mind' to have savings for a move away, it's crazy to be incurring interest whilst having the funds to avoid it.

    Use your savings to pay the debts asap, then you can use the money you would have spent on interest to boost your savings.
  • gionnetto
    gionnetto Posts: 234 Forumite
    Sixth Anniversary 100 Posts I've been Money Tipped!
    The APR is as follows;


    Barclays - 26.93%
    Lloyds - 5.94%
    Cap 1 - 6%


    No interest free periods.

    Then of course pay Barclays off first!:T
    Your cholesterol levels are not seen, or used, by your heart and arteries, so ignore it.
    :eek:.
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