Fix your finances- WITH Christmas over, many of us are skint – so it’s time to find ways to knock your finances into shape.
Ditch and switch those expensive card balances - By switching to a 0 per cent balance transfer card and transferring your balances, you could save a fortune in interest payments.
Clear overdrafts - If you’re £500 overdrawn for at least three weeks of every month, you could end up paying £20 per month in charges. With a rate-for-life card from MBNA, you can transfer some of your credit limit into your bank account to repay an overdraft. With the interest rate of 5.9 per cent APR for as long as it takes to clear the debt, by paying £20 per month to the card, you’ll have wiped out your debt in 27 months.