+ Reply to Thread
Page 2 of 2 FirstFirst 12
Results 11 to 12 of 12
  1. #11
    Join Date
    Dec 2011
    Posts
    57
    Thanks
    11
    Thanked
    5
    Reviews
    0
    Quote Originally Posted by SimplyMum View Post
    I second the balance transfer for 12months and than transfer it again if you need. Work to get that sucker gone! <img src="images/smilies/smile.gif" border="0" alt="" title="Smile" smilieid="1" class="inlineimg"
    Yep I did this too after my wedding debt, I didn't have as much as you to pay off but I would have done it this way too as I didn't want to be locked into a personal loan. I went with citi bank 2.9% for 6 months and paid paid paid until they were gone, I had two separate credit cards one in my name and one in my husband so I had two separate roll overs to Citibank and paid them both off in the time.

    Have a look around to see who has the best deal and best amount of time to pay off and if you run out of time roll to another bank. It's really easy to do as the bank does all the work in transferring it over.

    Good luck!!!

  2. #12
    Join Date
    Feb 2008
    Location
    Brisbane
    Posts
    12,292
    Thanks
    1,571
    Thanked
    1,225
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    Past Moderator - Thank you
    Bubhub Blogger
    If it's 13k and you've got bad history, the swapping of balances may be tricky.

    tbh I'd start with a phone call to the financial hardship team of your institution. They have the authority to lower the interest rates, suspend interest/repayments etc.

    paint the worst painting of your current situation, let them know you'd like to stay with them, but you've been approved for 15% and plan to cancel the credit card in lieu of "insert any low interest card on the market at the moment".

    they may be able to help you without having to go through the stress of changing everything.


 

Similar Threads

  1. Loan advice - please help!
    By SeymourTheBear in forum General Chat
    Replies: 32
    Last Post: 31-07-2012, 14:36
  2. Payments on home loan
    By mummyof9kids in forum Family Finances
    Replies: 5
    Last Post: 09-03-2012, 15:29
  3. How much rent/loan do you pay a week?
    By chubbasmummy in forum Family Finances
    Replies: 106
    Last Post: 19-01-2012, 18:20

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Hire For Baby Perth
New RETAIL store - Perth Hire For Baby Perth
Here at Hire for Baby, we offer a wide range of products from Child Restraints to Strollers, Stroller Accessories and Oricom Baby Monitors. Wholesale prices - till the stock ends. Buy from us and get the installation for FREE.
Like us on Facebook and get $10 OFF
featured supporter
121Temps
For the last 10 years 121 Temps has helped thousands of personal assistants/others to set up and work as a virtual assistant from home. Our services include: - One-2-One Mentoring - Online Training/Courses - Handbook, Toolkits, Templates & more.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!