Home & Garden1 min ago
Which to pay off first?
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I have some debts on two credit cards, i have now cut these cards up and resolved to pay the debt off.
I cannot pay it all off right away so would be grateful if someone could advise me the best way to pay off this money.
The amounts outstanding are �1,100 and �380. I can afford to pay off the �380 now but should i? Is it better to pay a chunk off the higher debt? TIA
I cannot pay it all off right away so would be grateful if someone could advise me the best way to pay off this money.
The amounts outstanding are �1,100 and �380. I can afford to pay off the �380 now but should i? Is it better to pay a chunk off the higher debt? TIA
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.check out this ,as previously recommende by another aber a few weeks ago, lots of good stuff here :
http://www.moneysavingexpert.com/
http://www.moneysavingexpert.com/
WIthout even looking at the money saving expert site I know what he will recommend. Pay off the �380 and pay off at least the triple of the minimum amount on the other card if you can.
Can you not transfer this balance to a interest free card? i.e. Tesco are offering interest free until May/June 2007.
Can you not transfer this balance to a interest free card? i.e. Tesco are offering interest free until May/June 2007.
on the application form for tesco credit card it asks for employers phone number. Now i know i should not do this but if i give on the form my contracted wage amount then its not enough, so if i put more then will they phone my employer to check how much i earn?
In truth its not a comlete lie because i dont work my contracted hours i very often do a lot more.
In truth its not a comlete lie because i dont work my contracted hours i very often do a lot more.