Cheapest Loans??

i'm a credit card slut...i think thats what the termanology is...i'm doing this atm but having to b very strict cos i'm clearing my debts not getting more....i'm canny proud of myself tho!

try egg...u can do it all online too...easy as pie

Only down side is that you have to go thru the application again and again. And it'll affect your credit scoring. And very sneaky :laugh:

Theres someone at my work who does this all the time.

Best way, if u can be the arsed with always swapping cards and filling forms. Thats the bit i would fall down on.


Does it affect your credit rating though? :spangled:

Re: Cheapest Loans??

alliance and leicester do ones from 6.7%
ness says m+s do them from 6.6%
natwest?

Thanks people, still undecided. I appiled for a Virgin loan last night, still no reply though. The credit card option is a good one, but I couldn't see myself sticking to it!!

@ my debt !

I mean i pay me bills and the cards are all in a million bits but.... it just doesnt seem to go down - i took breaks on me loan payments to go to Ibiza and at the moment am into the last month of not paying it - how much to i have saved up !?!? fuck all !

I will get the £1000+ tho, been working overtime and its me b/day this weekend so i shall get helped out !

In all fairness tho i wish id never been so eager to get a visa/catalogue/loan - i now have 3 Cards / 1 Loan / 1 Catalogue and there all bad crack, good at the time but the consequences are horrific if you cant handle them like i !

be careful tho miller coz everytime u apply for any credit and they do a check it lowers ur credit rating and ur less likely to be accepted. make sure u wanna take out the finance before u let them do the checks.

cards and catalogues are stingers in the interest dept, thats why it seems like its not goin down. eg if ur card APR is 18% and ur min payment is 5% of the balance, that means that half of ur min payment each month is eaten in interest. when u consider that the average barclaycard APR is 27%......!!!!!!!

Cheers boss. I never knew that tbh, thanks for the warning. They said it should take 24 hours to get back to me, so they have like an hour left.

It's so easy I now have a new credit card off them!! I think I might just put all my debt on that till Jan 05, no interest!!

Barclaycards are the worst I think, they are getting investigated by the government about it. It's a fecking disgrace!!

You must be i bit debt like mate. I think I will have about 2k on my cards after my latest Ibiza trip, but just want to get them paid off!

Abbey:

£3000
Months Repayment APR Total
24 £161.32 14.6% £3871.68
36 £116.61 14.6% £4197.96
48 £95.21 14.6% £4570.08

probs ya best bet. loads of people just take out a 0%card instead of a loan then just transfer it to a new one every 6 months.

Thanks, but no thanks!!

It's good in theory, but I can see myself never getting it paid off. All these cards will make my credit rating shite aswell though won't it???

parents???? cheapest by far!!!