I have a few 1,000 on a credit card apr is 6% (Barclays – this was 30% until they recently brought it down)
My question is: I have a direct debit that comes out auto each month. But when I have spare money I put it on the card to try and get this clear quicker. So right now I have £500 to put on the card but my next direct debit comes out on 3 aug – now does it make a difference when I pay extra on the card?! I just thought just pay as much as you can off and it will go down quicker. Help and advice please ?!
Before anyone says I should transfer to a 0% I can’t
Thanks all :j