Newbie - Getting loan for a new Kitchen

The catch is that you apply for a new card to move the debt to and you either:

(1) get refused, in which case, you apply somewhere else and you get knocked back again and then you're credit file makes you look desperate

or

(2) you do get offered another card but its for a much lower credit limit then then you need. You go back to (1) above and/or a large chunk of your debt is at extortionate interest payments.

or

(3) you get the card no problem for the credit limit you need.

Its all a gamble but if you're happy to take the risk then go for it. Another thing - with interest rates on the up I suspect the number of these

0% deals will deminish. Who knows what will be around in over 12 months time.

Credit limits on 0% cards are stupidly low (you can earn 80k+ a year and be mortgage free for example and they'll still restrict you to a 2000 credit limit).

Also, apparently it's bad form to have a credit file full of card applications.

Thanks for your advice.

I guess its shopping round for the best deal I can then.

Regards Mike.

My experience suggests this is nonsense. My earnings are considerably less than 80k, but I have nearly 70k balance on 0% credit cards.

I don't bother with limits smaller than 5000. On the couple of occasions when I've applied for a new card, and the offered limit has been smaller than that, I have immediately cancelled the card; I can't be arsed with small amounts.

It is supposed to be. Possibly people make a bit too much of this; with

15+ applications to my name in

I just got approval for a 0% card over the net straightway, got 5k credit. A mate has 8k at 0% on a card after doing 2 xfers between different 0% cards.