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Cheapest debt?

chris_elevatechris_elevate Posts: 585
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in Advice #1
In order to juggle a debt until the end of June, where is it best to have a £1k debt?
On my Lloyds bank avois credit card (I've made the minimum payment so don't worry about that as I know they would put a penalty on this!)
Or on my nationwide or lloyds current account over draft

Or any other suggestions you have.
Thanks.

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    gulliverfoylegulliverfoyle Posts: 6,318
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    #2
    interest rates???
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    What name??What name?? Posts: 26,623
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    #3
    There are lots of 0% credit cards available.
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    SJ_MentalSJ_Mental Posts: 16,138
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    #4
    I wouldn't advise Harry the Hatchet, Costs an arm and a leg.
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    c4rvc4rv Posts: 29,703
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    #5
    What name?? wrote: »
    There are lots of 0% credit cards available.

    which would be difficult to approve for somebody with bad credit rating
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    c4rvc4rv Posts: 29,703
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    #6
    chris_elevate wrote: »
    In order to juggle a debt until the end of June, where is it best to have a £1k debt?
    On my Lloyds bank avois credit card (I've made the minimum payment so don't worry about that as I know they would put a penalty on this!)
    Or on my nationwide or lloyds current account over draft

    Or any other suggestions you have.
    Thanks.

    You will still be paying interest on any outstanding amount.

    You really need to compare interest rates and penalty fees for any outstanding debt
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