I wouldn't say we are struggling, it is just that we have no social life as we are paying off quite a few loans but not living on beans if you know what I mean.
We have our own personal accounts and I have my car loan etc in mine, train ticket, etc which I am paying off myself and the same for my husband, he looks after his own affairs. All in all, we deal with Credit Union, PTSB, BOI, halifax for our joint account, IIB mortage, Hibernian for insurance. You would go mad keeping track, so I thought, pay off the credit card instead of paying huge interest and just pay off over 5 years on the low interest and clear our credit union loan also,(which I won't be penalised for).I would rather just pay these two off in bulk at that rate, I think, as it makes sense to me, but will Halifax penalise me if I pay them off with a bulk sum in future say?