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Help deciding how to pay off credit cards
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Thank you everyone. I spoke to my partner and we are in agreement. I have just now used the savings we had put aside from March income to pay off Credit Card 2 and have paid 70 pound off credit card 1. With our new plan we should be credit card clear in June and able to restart our savings. Unfortunately we had only just restarted saving in March so not enough to cover all the cards unfortunately!
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That makes sense. At those interest rates clearing the cards is an emergency.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment 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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