At the moment I have 6K on 2 credit cards and would love to clear them. 4900K is on Tesco visa card @0% for 6 months, balance is on MBNA Visa card @10%.
Am i better off getting loan from CU or similar for the entire amount OR leaving the 0% balance there and clear the other card? MY SSIA due to mature in Oct so I'm hoping to clear the lot then but wondering whats best to do in the meantime? If I take out a loan, does this go on my credit record..even if its paid off is it better not to take it out at all??
Or is it worse to have 2 visa cards on my credit record?? Confused! Thanks for any help. x
Am i better off getting loan from CU or similar for the entire amount OR leaving the 0% balance there and clear the other card? MY SSIA due to mature in Oct so I'm hoping to clear the lot then but wondering whats best to do in the meantime? If I take out a loan, does this go on my credit record..even if its paid off is it better not to take it out at all??
Or is it worse to have 2 visa cards on my credit record?? Confused! Thanks for any help. x