‘Shop around for a cheaper balance transfer card,’ says Dan Plant. ‘You can save quite a bit on interest which means you’ll make a lower minimum payment each month.’
But if you’re able to pay your credit card bills back in full each month and have no debt, get a card that gives you a reward, like cash back. ‘There are certain cards that pay you money for spending,’ Dan tells us. ‘So say you spend £100, you might get a reward of 1.25 per cent in cash back.’ The catch? ‘If you want to make a profit,’ says Dan, ‘you must pay the full amount each month.’ Damn.Speak to your mortgage broker about ways you can reduce your payments. Over to Dan. ‘There are things you can do like extending your mortgage term which will decrease your payments but increase the length of time you’re paying it off,’ he says. Or you can move to interest-only mortgage payments, temporarily – but be aware that in future you’ll obviously have to pay more back.
as this remembers your current tariff and when cheaper ones are launched you’ll be notified. ‘It’s great if you’re time poor,’ he says.‘If you’re near the end of your contract call your network provider and ask to be put through to the cancellations department,’ Dan tells us. ‘What they’ll do is transfer you to the customer retention department who’ll do all they can to keep you by offering you a better deal.’ Research the best deals on the market first so you know what’s out there.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: The Guardian - 🏆 84. / 53 Read more »
Source: The Mirror - 🏆 136. / 51 Read more »
Source: The Independent - 🏆 80. / 59 Read more »
Source: MetroUK - 🏆 13. / 82 Read more »
Source: The Guardian - 🏆 84. / 53 Read more »
Source: The Guardian - 🏆 84. / 53 Read more »