Balance Transfer Not An Option

CJQ

Hi there,

Situation and Figures
Balance: £7,019.45
Taking the month of May as an example, I:

• Paid in to credit card: 223.00
• Had this interest taken a couple of days later: 124.94
• Actual 'dent' made: 98.06

Other Factors to Consider

• With the same bank as the credit card provider I have an existing personal loan that I am repaying
• With the same bank as the credit card provider I have an £800 overdraft, which I have been and am continuing to reduce by £100 per month. 

For the purposes of this scenario, lets assume I won't be approved a 0% balance transfer - what are my options?
Thanks in advance for your counsel.

[Deleted User]

If you can't lower the cost of the debt through other financing, then you need to pay down the debt as fast as you can.

Throw your money at the highest rate debt but be aware that an OD can be withdrawn at any time.

D3xt3r5L4b

Have you tried and eligibility checker?

pjread

Repay more is the best answer, even if only a couple of pounds.  I'm guessing from the not-round number you've just got a DD for the minimum payment?