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Money transfer or keep in card?
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lixhul
Posts: 110 Forumite
in Credit cards
I have a Virgin Money card at 0% with a balance of £2,200.
I recently lost my job and I don't have much money left. I have a mortgage holiday and about £3,000 in debt that is paid off roughly £200 a month. I have £2000 in "cash", and I am considering transfering this credit card into the account.
It comes with a 4% fee but is 0% for 12 months.
Should I use this facility or keep it in the card?
Thanks.
I recently lost my job and I don't have much money left. I have a mortgage holiday and about £3,000 in debt that is paid off roughly £200 a month. I have £2000 in "cash", and I am considering transfering this credit card into the account.
It comes with a 4% fee but is 0% for 12 months.
Should I use this facility or keep it in the card?
Thanks.
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