i am interested in the Halifax 12 Month Credit Card. the APR is 15.9% APR typical (variable).
my monthly expenditure for last november was £167.16.
if i had the halifax credit card, how much would i have to pay halifax.
2007-12-16 08:17:55 · 2 answers · asked by . 1 in Business & Finance ➔ Credit
you should really try and stop using credit cards, they are no good for you, your credit or most importantly your future!,
this is why this country is in such a bad state with credit, these cards have been forced onto people and then people cant resist spending, if you buy a jumper for say £20 and you only make the lowest payments ever month then that jumper will end up costing you about three times as much!
have a look on moneysavingexpert.com
loads of info!
2007-12-16 08:28:14 · answer #1 · answered by chris p 3 · 0⤊ 0⤋
"0% for 12 months on balance transfers and purchases"
You pay 3% on Balance Transfers and then nothing for 12 months ..
After that you pay 15.9%, or whatever rate they see fit to charge you at that time (this is what "variable" means)
PS you shouldn't be 'dabbling' with something you don't understand .. they plainly hope you will run up a MASSIVE debt on this 'zero percent for 12 months ' deal and then, at the end of the 12 months, you will wake up to find yourself up to your neck in cr*p ...
2007-12-16 16:30:01 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋