Money Saving Expert Martin Lewis has issued new advice for anyone with a credit card or loan debt, sending out an email newsletter tagged 'urgent'. Martin said people can save thousands of pounds by taking action now, in an article newly updated on the MSE website.
The finance guru is urging people to switch their debt to a zero-interest credit card, and has highlighted eight cards with deals that will see you pay no interest for up to 34 months - making it much easier to clear your debt.
Offers are available with banks including Sainsbury's, Santander, Natwest, Virgin and Chrome. Martin said: "Paying credit card interest? STOP. A balance transfer credit card can save you £1,000s by slashing the interest you pay."