Repaying my PCDL with a 0% credit card?


Hello,
I’ve been using MoneySavingExpert for a while as I’m still figuring out the big, bad financial world.
I borrowed 7,000 from the Co-Op to do my Masters degree.

I’m an actor and I’m working a zero hour contract day job. I need as long as possible to pay back the loan. I had planned to get a 0% credit card to repay the loan once I finished my course (which is now). I’ve been improving my credit rating over the course of the year. Unfortunately, the credit card I’ve got (Tesco Foundation Card) has upped my 0% credit limit, but only to 600.

I’m not sure what the best course of action is from this point. Whether to take a loan with a lower interest rate to pay off the Co-Op or whether I should try for a 0% money transfer card. I’m not even sure whether I’m able to use my Tesco card to pay the loan off as I’m confused about whether its a spending card, or whether I can balance transfer on it.

I’m getting very lost in it all. Any help or advice would be appreciated.

I’ve got until September before I need to start paying it back, so would like a low interest solution in place by then.



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