Do I use Property Sale Profit...?

amat86

Hi,

Not sure where to start, but could do with some help/advice....

I have recently moved house and had some money through as profit from the sale of our previous house. This money is mainly set aside to do up the new house. Annoyingly, my previous balance transfer card has now passed the 0% stage so I am paying more in interest than off the debt.

I have used the eligibility checker (always had very high likelihood in the past and my credit rating is good) to see about getting a new balance transfer card but it shows I will be refused for pretty much every card. I think because I have only been in my new address for a few weeks, and as there will have been credit checks done for new mortgage etc.

I don't know how to proceed and it is stressing me massively....

Do I use some of the money from the profit from property sale to clear the debt so I am not paying ridiculous interest? Do I contact my bank and see if they have any balance transfer card deals (assuming they are more likely to see that my credit score is good?), or do I wait until I have been in the property a couple of months so everything can catch up then try again (still paying the high interest...)?

TIA!

fwor

https://forums.moneysavingexpert.com/discussion/6086919/do-i-use-property-sale-profit


Same question asked twice.

xlnc99

To be very harsh and blunt - the fact that you are asking people on the forum what to do with your money shows me that you cannot keep your finances in order. Im not sure what advice you are looking for here as its your money and decision. You should do whats best in your circumstances.

Really the only answer should be to clear your debt and stop paying interest. Very bizzare question you have asked on here, is showing me you cannot manage your money correctly.

sambaird

Are you being serious?

Given your history, I would think that you should be the last person to lecture someone that has asked for advice that they cannot mange their money.

You can’t even seem to make payments in time for the credit cards you’ve managed to get following your incredibly poor financial history.

Wind your neck in.

xlnc99

erm - who are you and how do you know anything about me and my financial history?

Are you actively stalking me?

P.S - What does wind your neck in mean?