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Query re: o/d and cc
xnatalie81x
Posts: 941 Forumite
I have a credit card with lloyds tsb and an overdraft on a student account. I want to clear the 1400 ish on the overdraft but will lloyds see that as 'money' and take it towards my cc...... I know it is actually an overdraft but i'm a bit nervous now about paying that off first.....................
DFW since JAN 2009 - 2014 will be the year i finally clear debts 
Just to see which month )))
One adult + 4 children + dog
Just to see which month )))One adult + 4 children + dog
0
Comments
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Not sure i understand properly but if you have a student OD I am assuming that is a free facility?
If the CC has an APR and the OD is free I would concentrate on payiing the cc first then pay the OD off (if its free) later on when the CC is cleared.
Martins mantra is pay the highest interest ones off first cos they are costing you more?
But then again, not sure, check which one is the lowest interest rate and concentrate on the highest debt first - just my opinionTotal debt 26/4/18 <£1925 we were getting there. :beer:
Total debt as of 28/4/19 £7867.38:eek:
minus 112.06 = £7755.32:money:
:money:Sleeves up folks.:money:0 -
Interest on cc frozen as dmp but overdraft still active so accruing interest and student status ends sept so stuffed then!!!!!!!!!!!DFW since JAN 2009 - 2014 will be the year i finally clear debts Just to see which month )))
One adult + 4 children + dog0
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