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best way to pay off overdraft?
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Hagrid
Posts: 18 Forumite
I have an overdraft of some £1,500 which I am trying to pay off. I am new to this site and Martins advice so am doing the Budget and am going to change suppliers for gas, electric, phone etc, so that will help. I dont have any credit cards anymore as I cleared them a few years ago and cut them up, but was wondering about getting a 0% interest one to clear the overdraft with, and then ive the year to pay off the card without any interest. Is this right, and who do you advise?
regards Hagrid
regards Hagrid
0
Comments
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Yes that's a good idea.
There's loads of 0% credit cards out there.
A useful list is at https://www.stoozing.com click on tables.Happy chappy0 -
Also browse on here. I think Martin explains it quiet nicely.:beer:This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Or just stop spending and pay off the overdraft, best advice going lol.
Hard a I know, but can be done if you knuckly down.Kind Regards
Bill0 -
OR speak to your bank and request for a monthly management where they reduce it by an agreed amount per month.MFWB
Mortgage when started: £232,000
Current mortgage Sept 2024: £232,000
Mortgage free day: Sept 2029
Saving: £12k 20250
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