Hi,
I am currently living overseas (am originally from Dublin) and owe approximately 4k on my irish credit card. I always pay the minimum payment and usually an extra 100 euro per month too, but it seems to be taking forever to come down as they still add interest each month. I am on a BOI credit card with an interest rate of 21%. Do you think I should ring BOI and maybe try and arrange a personal loan to pay off the credit card? Also we do have our house still in Dublin that is rented out, and was also considering maybe contacting PTSB to change us to interest free for about six months so I could get the credit card paid off, my only concern with that is that we are on a tracker 2.25% mortgage and am concerned that they might change my tracker rate if I do this. Has anyone any advice for me.
Thanks in advance.