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    • GC1987
    • By GC1987 11th Oct 16, 12:50 PM
    • 6Posts
    • 3Thanks
    • #1
    • 11th Oct 16, 12:50 PM
    Overdraft 11th Oct 16 at 12:50 PM

    Hope this is in the right place. I was looking for some advice on reducing my overdraft (with ulster Bank) I've heard of a few people talking about 'restructuring' their accounts where the overdraft becomes like a loan that is paid off in monthly installments. Does it look worse to have a loan being paid off or an overdraft on your credit file?

    Thanks in advance.
Page 1
    • Stevie Palimo
    • By Stevie Palimo 11th Oct 16, 12:52 PM
    • 2,652 Posts
    • 3,822 Thanks
    Stevie Palimo
    • #2
    • 11th Oct 16, 12:52 PM
    • #2
    • 11th Oct 16, 12:52 PM
    You could try paying off a bit and reducing ie:- £5000.00 of to start with and pay them back £250.00 and then ask to drop it to £4750.00 and so on until you get to zero or preferred rate of a manageable one.
    " I refuse to censor myself because it may offend someone. If you don't like me that's ok, I don't need your approval. "
    • GC1987
    • By GC1987 11th Oct 16, 2:10 PM
    • 6 Posts
    • 3 Thanks
    • #3
    • 11th Oct 16, 2:10 PM
    • #3
    • 11th Oct 16, 2:10 PM
    Thanks Stevie
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