Hi,
I have a credit card amount owing to 5k as I have just bought a house and used it for bits and bobs. I pay 400 + a month off the balance and was just wondering what is best way to continue paying this. Would it:
A) Be better to continue to pay the 400 + off a month for th year until it is cleared or
B) Take out a personal loan over 3 years say costing only 157.95 roughly a month and use this to clear the credit card. I will then have more disposable income monthly.
What do people advise?
Ta
I have a credit card amount owing to 5k as I have just bought a house and used it for bits and bobs. I pay 400 + a month off the balance and was just wondering what is best way to continue paying this. Would it:
A) Be better to continue to pay the 400 + off a month for th year until it is cleared or
B) Take out a personal loan over 3 years say costing only 157.95 roughly a month and use this to clear the credit card. I will then have more disposable income monthly.
What do people advise?
Ta