We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

working out repayments

Hi,
If I have two cards with £1000 on each at 4.9% till paid off what would my repayments be each month I can't quite work it out. I have reasons for doing it this way.
Any help appreciated.
Jen :beer:

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    JENJEN30X wrote: »
    Hi,
    If I have two cards with £1000 on each at 4.9% till paid off what would my repayments be each month I can't quite work it out. I have reasons for doing it this way.
    Any help appreciated.
    Jen :beer:
    what do you mean?

    do you mean that the APRs are 4.9%

    do you mean you will pay only the mimimum monthly amount ... if so how much is that?

    or what ?
  • Thanks for replying but I sorted it out my bank rang not long ago so I asked them for advice.
    Thanks
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.8K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.