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Hi I’m desperate to balance transfer my £6300 credit card balance but on eligibility tracker doesn’t seem like my credit rating is very good. Not good enough to transfer my balance. Looking for someone been in similar predicament. Don’t know where to go next. 

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  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Next, you go to the DFW boards and post up an SoA. 

    They'll help you cut costs and reduce the debt, but it'll be specific to your circumstances, not someone else's.
  • what is what is a Dfw and an soa

  • MallyGirl
    MallyGirl Posts: 7,222 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    DFW is the Debt Free Wannabe board on this site. A SOA is a Statement of Affairs where you list all your incomings and outgoings, debts, loans, etc and people try and see where you could save some money.
    If you can't transfer to a lower rate then you need to throw every spare penny at the balance to bring it down ASAP.
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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