First of all you need to get rid of the 'extortionate interest rate' card. You will most probably need to break it down to two or three 0% cards (depending on your income). You can easily get hold of these via various credit card comparison sites. Once you get into a situation where ALL of your repayment is going to paying the loan off it shouldn't take that long to pay off this debt. You may need to switch your interest free cards over to other 0% cards when your interest free period runs out, but that is the name of the game. When you get your 0% cards and the new accounts have taken over your old, expensive debt, cut them up! In fact cut ALL of your cards up until you have paid off what you owe and can see the wood for the trees.

Good luck.

I have a couple of credit cards, one of which is 14000. I also have a interest car loan which will be paid off in 18 months time. I have never missed a payment, been late in payment, had any financial difficulties, and have paid a previous loan off early. I would like to take out a loan to pay the 14000 credit card off (which has an extortionate interest rate) but I apparently have a less than average credit score purely because of the amount of money I have in my name (even though I can easily pay my bills). As a result I get rejected when I apply for a loan as the system does not take in to account I will be paying off a debt with this one. Is there any way I can get out of this chicken and egg scenario? Will I be better off going to my local branch in the high street and speaking to them rather than applying online?