I have a credit card debt of €10k but currently zero interest applies. My SSIA is coming in soon but I thought that instead of paying off the debt, I should put the money into my facility acccount with first active so that I can reduce the interest on my mortgage.
I will continue to transfer the €10k debt to another zero interest transfer credit card.
But at some point, I will have to pay off the credit card debt. Does it make any/much difference in my interest calculations on my mortgage when I delay taking the money out from the facility account to pay off the credit debt?
Thanks.
I will continue to transfer the €10k debt to another zero interest transfer credit card.
But at some point, I will have to pay off the credit card debt. Does it make any/much difference in my interest calculations on my mortgage when I delay taking the money out from the facility account to pay off the credit debt?
Thanks.