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Pay Off Debt...
claytonp
Posts: 4 Newbie
in Credit cards
I currently have £6000 that does not need to be paid off urgently (but does need to be paid eventually though!!). My wife and I are moving overseas at the end of this month and will be looking for work.
I have a £6300 overdraft on my current account (but will still be charged interest). I also have two investments which could easily pay off the debt, however I do not wish to touch my investment.
I have applied for a Barclaycard Premium credit card in the hope I could dump this amount and not pay any interest for 12 months, however the credit limit that was being offered was only £1310.
So, should I leave the £6000 in my bank account and pay it off over time (with the fees) or is there another way ?
Clayton
I have a £6300 overdraft on my current account (but will still be charged interest). I also have two investments which could easily pay off the debt, however I do not wish to touch my investment.
I have applied for a Barclaycard Premium credit card in the hope I could dump this amount and not pay any interest for 12 months, however the credit limit that was being offered was only £1310.
So, should I leave the £6000 in my bank account and pay it off over time (with the fees) or is there another way ?
Clayton
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Sorry, wrong forum. Have now moved to the correct one.0
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