MBNA Card?

A question about : MBNA Card?

Hello all I am just after a bit of advice please.

My current debt is as follow....

Credit Card 1 = Ј2122.65 (18.9%) - I pay min Ј50 a month
Credit Card 2 = Ј6775.72 (0%) for 28 months - I pay min Ј146 a month
Loan = Ј5326.38 (9.4%) 29 payments left !!! - Ј181

I would like to get my monthly payments lower and STOP paying interest. I won't mind getting rid of the loan and credit card 1 by using a balance transfer on a 0% credit card. Is that a good idea? All advise and help would be gratefully received.

Can use a MBNA Card to get rid of the loan and Credit Card 1?

Regards

Dad Trying To Save

Best answers:

• Sure you can, so long as you get accepted with a high enough credit limit. If you don't get a high enough credit limit, I'd accept the account and also open a normal balance transfer card elsewhere. Hopefully you can then move the CC debt onto the normal BT, and use a money transfer to pay off the loan.