Getting a lower rate can save you a lot of money in the long-term, but you'll save even more of your hard-earned cash by paying back any loan as quickly as you can. In fact, if you can get back to no balance at all, and then take out a 'cashback' credit card, you can actually earn money from your card (as much as 2%) instead of paying dearly. Just make sure that you set up a direct debit instruction to pay off the balance in full each month and, to avoid the possibility of bank charges, arrange an overdraft facilty with your bank which is more than your maximum monthly spend. A couple of days dipping into this because you forgot to allow for your credit card bill will be much cheaper than the costs you would have incurred on your card if you had failed to pay off the full balance. Many banks will give you a 'free' overdraft facility where you're only charged interest for the days you go overdrawn. Have at least the same amount of money handy in an associated savings account and you can clear the overdraft quickly.
All suggestions are given in good faith, but if in doubt, always check what is right for you with a suitably qualified independent advisor. You may also find The Steadfast Guide to Money useful.
If you're lucky, you may find what you're looking for with one of the links from Google. Worth a try at least.
...or for something completely different, visit one of the advertisers on our Business Links page.
