It’s important to have a plan of action in place before you make the switch
People who switch to 0pc interest-free credit cards often end up in a deeper debt spiral. Photo: Getty
Whether you’ve gone a bit mad on the holiday spend, or you’ve been ignoring the bills landing, racking up debt on your credit card is a very easy thing to do, and extremely difficult to repair.
The ever-decreasing circle of debt is one which can lead any borrower to despair, but when it involves the ultra-high interest rates credit cards attract, tackling it can be a huge challenge.
