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Quickest way to get balances to 0
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Hamiltonc
Posts: 103 Forumite

Best and quickest way to get the below to 0?
Here is my list - n/a means there is no promo rate, it's in order of balance
Thank you
Here is my list - n/a means there is no promo rate, it's in order of balance
Thank you

0
Comments
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You need to put the interest rates. Before and after promotional rate endings.Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.0
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Ah - can you help with what I put so far?0
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Duplicate thread. You really need to stick to just the one.
https://forums.moneysavingexpert.com/discussion/comment/81081329#Comment_81081329
All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
elsien said:Duplicate thread. You really need to stick to just the one.
https://forums.moneysavingexpert.com/discussion/comment/81081329#Comment_810813290 -
CliveofIndia’s post on your August thread seems to have already covered the basics. Is there anything in there that didn’t make sense if you are needing to ask the question again?
https://forums.moneysavingexpert.com/discussion/6548772/debt-advice-credit-cards#latestHowever, I think possibly people were suggesting you post a full SOA on here to help with the bigger picture, rather than just your list of debts.All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
Hamiltonc said:Ah - can you help with what I put so far?
It becomes more complicated with promotional rates because they might not be the highest interest now, but might become the highest interest soon.Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.0 -
Updated screenshot with interest rate. Some are 0% still and some are not
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The revert rates are all much of a muchness.
For now just pay minimums on the 0%.
Order the others from smallest balance to largest; minimums on each at least, and any excess to the first in your list until cleared.
Repeat with the next in the list and so on.0 -
TheAble said:The revert rates are all much of a muchness.
For now just pay minimums on the 0%.
Order the others from smallest balance to largest; minimums on each at least, and any excess to the first in your list until cleared.
Repeat with the next in the list and so on.0 -
What's the limit on the 21.66% card, third from the bottom?If you've have not made a mistake, you've made nothing0
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