DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - How do my fellow onions manage their living expenses

**WFSdZuP3** · 09-19-2010, 10:47 PM

So say I'm paying off a loan at £400 a month and saving nothing but my car engine blows up and I need to spend £500 on it I should then get a credit card to pay this bill? I appreciate that there might be a small interest advantage in this, but I'd rather save £100 a month and pay off £300 a month to the car loan. I don't really have much experience of having large debts tbh.

you just carry on furnishing your own life style with debt mate [yes]

what I would do in this situation is, pay as much off of my credit card as possible whilst none of these "unforseens" are lurking and then if needed make a payment with the credit card whilst the same month making sure I keep up a payment whilst ensuring I slap a larger payment into the credit card the following month.

09-19-2010, 10:47 PM	#56
WFSdZuP3 Join Date Oct 2005 Posts 428 Senior Member	So say I'm paying off a loan at £400 a month and saving nothing but my car engine blows up and I need to spend £500 on it I should then get a credit card to pay this bill? I appreciate that there might be a small interest advantage in this, but I'd rather save £100 a month and pay off £300 a month to the car loan. I don't really have much experience of having large debts tbh. you just carry on furnishing your own life style with debt mate [yes] what I would do in this situation is, pay as much off of my credit card as possible whilst none of these "unforseens" are lurking and then if needed make a payment with the credit card whilst the same month making sure I keep up a payment whilst ensuring I slap a larger payment into the credit card the following month.
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