Hoping for some advice on the best way to pay my 3,000 on my CC.
I was approved a loan from my bank, to pay back my CC by monthly repayments, where I pay interest. I now have 14 days cooling off period. So I need to make sure I am choosing the right option. It is variable.
They are in the process of issuing me a new CC with new limit of 600. As I will need credit card for emergencies.
I don't have savings with Credit Union, so if I was to go through them, it would be awhile before I receive loan, although I'm sure cheaper.
Or am I going about this in a very expensive way with bank?
Anyone suggestions for me please?