cheap way to pay off my credit cards.

thomas6273

HI

I have three credit cards with a limit of £500 on each. I am a student and won't be able to pay them off till middle of next year. Is there any banks that offer an interest free overdraft. I already have one at Natwest, which is maxed out (that is a student account). Even if its just a small overdraft, anything helps. Or any other alternative to pay them off.

Moggles_2

TBH, being a student means you aren't really in a position to get the best deals on credit cards. As you already have three cards, you're building a credit history for the future and, once you're in full-time employment, you'll be able to apply for market-leading credit cards.

Most student overdrafts are interest-free for the period of your studies and you can hold more than one. This is not really a credit card question and you may get replies more quickly if you post again on the *Student Money Saving* board

http://forums.moneysavingexpert.com/forumdisplay.html?f=25

benf90

I'm a student myself but have avoided going into debt, other than the student loans.

It is possible to get new cards with offers whilst being a student, but the best thing you can do is start living within your means.

If you don't have a part time job, get one if possible. Don't go out as much or spend less on booze when you do out etc.

As you've already maxed out the credit available to you already, you need to be sure you won't do the same if you take out anymore credit.

Whatever steps you take, pay off the debt which has the highest interest rate first.