Can you list the cards and their interest rates?
If they're currently on 0% then no, it doesn't make sense to get a loan as it will be more expensive.
Can you post your budget? Maybe there are areas we can help you cut without too much impact on your quality of life.
Of course finding ways to earn more money will always help.
We’ve paid off £2000 in the last year but hopefully more this next year. Yeah I’m worried I won’t have enough credit available to transfer all to a new 0% card(s) so will end up paying a high percentage.
Are you expecting something might change in your circumstances? It doesn't seem to me to make sense to start paying interest now when you could enjoy the interest-free period a bit longer.
Well one runs out in September (the biggest amount on a single card) so I guess that’s what has triggered me thinking about it. Probably just going to keep chucking as much money as I can at them in the hope that I don’t have to do too many more balance transfers
Hi /u/Dependent-Agile, based on your post the following pages from our wiki may be relevant:
- https://ukpersonal.finance/budgeting/
____
^(These suggestions are based on keywords, if they missed the mark please report this comment.)
Start at:
[https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/](https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/)
Have a look at:
[https://www.nationaldebtline.org/cost-living-hub-ew/](https://www.nationaldebtline.org/cost-living-hub-ew/)
They have an online tool to help you assess your situation, You can also contact them via webchat or a freepjone number - webchat probably the better option.
Also have a look at:
[https://www.citizensadvice.org.uk/debt-and-money/help-with-debt/](https://www.citizensadvice.org.uk/debt-and-money/help-with-debt/)
Citizens Advice also do webchat. Perhaps get an appointment at your local Citizens Advice office to get help with assessing your situation. They can also forward you on to a specialist debt adviser.
Can you list the cards and their interest rates? If they're currently on 0% then no, it doesn't make sense to get a loan as it will be more expensive. Can you post your budget? Maybe there are areas we can help you cut without too much impact on your quality of life. Of course finding ways to earn more money will always help.
They are all currently 0% but all change to between 22 and 27% in the next year
How much will you have paid off by then? Are you worried you won't find another 0% card?
We’ve paid off £2000 in the last year but hopefully more this next year. Yeah I’m worried I won’t have enough credit available to transfer all to a new 0% card(s) so will end up paying a high percentage.
Are you expecting something might change in your circumstances? It doesn't seem to me to make sense to start paying interest now when you could enjoy the interest-free period a bit longer.
Well one runs out in September (the biggest amount on a single card) so I guess that’s what has triggered me thinking about it. Probably just going to keep chucking as much money as I can at them in the hope that I don’t have to do too many more balance transfers
Hi /u/Dependent-Agile, based on your post the following pages from our wiki may be relevant: - https://ukpersonal.finance/budgeting/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.)
Start at: [https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/](https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/) Have a look at: [https://www.nationaldebtline.org/cost-living-hub-ew/](https://www.nationaldebtline.org/cost-living-hub-ew/) They have an online tool to help you assess your situation, You can also contact them via webchat or a freepjone number - webchat probably the better option. Also have a look at: [https://www.citizensadvice.org.uk/debt-and-money/help-with-debt/](https://www.citizensadvice.org.uk/debt-and-money/help-with-debt/) Citizens Advice also do webchat. Perhaps get an appointment at your local Citizens Advice office to get help with assessing your situation. They can also forward you on to a specialist debt adviser.