Current situation

Credit Card

Was approved for a Loc via cibc with a 8.95% interest rate. I split up my debt by putting $1630 onto the Loc and $5000 into MBNA balance transfer with the promo rate of 0% interest for 12 months. I seriously need help setting up a plan to get this debt gone ASAP. How do I attack this? How much should I put into each debt monthly or even biweekly to get it paid off asap? I’m leaning more so tackling the $5000 faster than the $1630, as I feel like even with the 0% interest it’ll take me quite some time to get it down to $0.

Posted Dec 9, 2025, 9:49 AM UTC

110
Loading comments…