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Can someone please explain this credit card to me...

(5 Posts)
haveabiscuitor2 Mon 30-Oct-17 09:32:53

Never had a credit card before so don't really understand. If i were to buy something on my credit card for £800, apr is 27% and I was to pay £100 off a month, how much interest would i be charged?
Thank you

NannyR Mon 30-Oct-17 09:37:13

Have you looked into getting a 0% credit card. There are several around, moneysavingexpert.com is a good place to look.

blueskyinmarch Mon 30-Oct-17 09:38:21

i used an online calculator which said £82 interest paying it off over 9 months.

blueskyinmarch Mon 30-Oct-17 09:38:59

Here.

haveabiscuitor2 Mon 30-Oct-17 09:40:49

Thank you, that calculator is really useful.

I've not had a look around for 0% but my credit isn't very good, i will have a look before accepting.

Thanks for replies

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