How much is on your credit card?

SideWinder · 8 May 2012 at 15:22

Just out of curiosity, how much do you have left to pay on your credit card?

I have started to use a credit card for the first time recently (23!

) as i have always just gone into my overdraft...not exactly a good idea.

At the moment mine is at £200 and i have 16 months left of interest free.

antijoke · 8 May 2012 at 15:23

£0

Got rid of my credit cards many years ago.

Strife212 · 8 May 2012 at 15:24

£0, I use it a lot but fully pay it each month.

Skully · 8 May 2012 at 15:24

£1840 at 0% for 21 months.

J.T · 8 May 2012 at 15:25

To much!

Ironic Namesake · 8 May 2012 at 15:26

Currently at around RM 11500 which works out to about £2300 , but is set up to be paid in full automatically , so will be back to 0 in about a week or so.

MooMoo444 · 8 May 2012 at 15:27

£0.

Don't have or want one...

Prefer to pay for things with money I have rather than money I don't

SideWinder · 8 May 2012 at 15:27

anticonscience said:
£0

Got rid of my credit cards many years ago.

How come if i may ask?

Simian · 8 May 2012 at 15:29

Which Card???...

1, £2,400 @ 0% for 16months,
2, £3,250 @ 0% for 12months,
3, Nowt as this is where the balance's on 1 & 2 came from!

Yas786 · 8 May 2012 at 15:30

£0 on all 3 of my credit cards and i only use them in extreme emergencies and when i do, i make sure they are paid fully at the end of the mth.

SideWinder · 8 May 2012 at 15:30

Simian said:
Which Card???...

1, £2,400 @ 0% for 16months,
2, £3,250 @ 0% for 12months,
3, Nowt as this is where the balance's on 1 & 2 came from!

Eeeek...but is it under control and being paid off slowly?

I hadn't checked my bank balance in months and months. I finally got the courage to spend an hour at the bank and go through everything and work out my best options...feel a bit happier now but i haven't been out of my overdraft in at least a year.

King Damager · 8 May 2012 at 15:31

£0

Don't have one.

kd

Spook187 · 8 May 2012 at 15:31

lol mines been at £3500 for years

elmarko · 8 May 2012 at 15:31

£230 about.

I don't like putting my debit card details on-line, so use it for ordering & such & clear it @ £100 a month, but I'm not a big fan of credit cards - they keep trying to get me to bump up my credit limit to £10,000+ (it seems to annoy them when I manually set it to £500).

As a side question,

What percent of your monthly income is used to pay interest (for loans/CC & mortgage)?

Been reading up an idea proposed by a number of economists for a global debt wipe (personal, government & business) - as a last ditch effort to save the global economy & to ensure our children are not saddled with our debt & our parents debt.

It would be interesting to see how much personal spending could increase if debt was wiped (in regards to increasing demand from increased spending).

Dave · 8 May 2012 at 15:32

Strife212 said:
£0, I use it a lot but fully pay it each month.

This. I use my credit card for most mundane purchases like supermarket and petrol, but it's paid off in full each month via direct debit.

L0rdMike · 8 May 2012 at 15:32

bout 21p

Strife212 · 8 May 2012 at 15:32

Do it, it's always good to have credit lines

Adam · 8 May 2012 at 15:33

I'm hammering mine right now for the Avios points, currently just under 100k Avios points in a little over 2 months. Hoping to hit 120k for a return first class flight to New York.

StonedPenguin · 8 May 2012 at 15:33

Yaayuh! · 8 May 2012 at 15:33

About £15 so far this month. Buy stuff on it every month and then pay it off well in advance when payday arrives. Keeping my credit rolling, which is why I take advantage of Overclockers buy now pay later option, stick money away each month and pay off well in advance.