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question about interest free debt...
fatnek
Posts: 16 Forumite
I should be able to settle my Egg Loan (7.66% APR) within a year or so.
Then, the only debt i will have is 0% APR debt (debt collectors / credit card arrangements / social fund).
What i want to know is whether its best to keep these on as low as possible monthly payment for ever?
I know they could be stuck around for years, but would be 'worth' less and less over time. No?
Then, the only debt i will have is 0% APR debt (debt collectors / credit card arrangements / social fund).
What i want to know is whether its best to keep these on as low as possible monthly payment for ever?
I know they could be stuck around for years, but would be 'worth' less and less over time. No?
F*CK YOUR CREDITORS
i am settling all my debts by bartering the lowest Full & Final offers i can. And then paying them this after i have saved it. My debt is £18,000 i plan on paying no more the £7,000 back. MAXIMUM!!!!! the banks are all taking the p*ss the c*nts, so why can't we?
i am settling all my debts by bartering the lowest Full & Final offers i can. And then paying them this after i have saved it. My debt is £18,000 i plan on paying no more the £7,000 back. MAXIMUM!!!!! the banks are all taking the p*ss the c*nts, so why can't we?
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Comments
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I personally would pay the minimum payments on the debts with no interest (as long as they are going to remain interest free) and use any excess to save up for full and final settlements. x xPay Debt by Xmas 16 - 0/12000
There is something about the outside of a horse that is good for the inside of a man.0 -
like it. full and final... thats like 25% off innit? cool. sounds like a plan.F*CK YOUR CREDITORS
i am settling all my debts by bartering the lowest Full & Final offers i can. And then paying them this after i have saved it. My debt is £18,000 i plan on paying no more the £7,000 back. MAXIMUM!!!!! the banks are all taking the p*ss the c*nts, so why can't we?0
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