help for a new girl with an old name

vintagegirl

hi there, i was wondering if someone could give me some advice.
i kind of know what i need to do but having recently got my credit report, i have a few debts on there i had forgotten about and have heard nothing about for years. but i realise this is damaging my rating so i am trying to do something about it.

i have £599 to t mobile which i have agreed at £50 a month starting this month,
£760 black horse agreed at £10 a month
and my overdraft which is costing me £30 a month in halifax charges.
ideally i thought it best to try and get this overdraft away first because the others arent costing me anything and then pay more to the other debts

do you think it would be best to just keep paying money into the overdraft until its with in the limit of £300 and then its fee free or should i ask them to actually reduce it for me

any advice appreciated

Consumerist

As a first rule of thumb, you should always pay off the most expensive debt first.

If your overdraft is costing £30 per month and the others are costing you nothing then it would seem sensible to pay off the overdraft as soon as possible. If you have reached agreements with the other creditors then you should make sure you pay them first or they will probably start chasing you for breaking their agreements.

Have you got these agreements in writing (by letter) ?

Hannah_10

It's best to clear the overdraft to zero as soon as possible because although you might have an agreement that you can have a £300 OD fee-free they bank can renege on that any time it likes, so that means you're best to wipe it out altogether.

You haven't actually said what your overdraft is currently standing at.