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Sam Barker

Martin Lewis explains clever way to pay 0% interest on loans and credit cards

Martin Lewis MoneySavingExpert MoneySavingExpert founder

Martin Lewis says people struggling with debt from personal loans, credit cards and overdrafts may be able to cut their interest payments to 0% - or very close.

Speaking on Thursday's ITV Money Show, the MoneySavingExpert founder said he was giving a " debt cost-cutting masterclass".

For people grappling with personal loan repayments, Lewis said the first thing to do is ask your current lender for a 'settlement figure'.

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