Managing Debt - What to pay first?

l.m.t

Iv got some debt which I now have under control, and paying a fair chunk off each month. Im just curious as to if I can save money on interest etc but struggling myself to get my head around it. If i start by listing the debts I have and interest etc hopefully that will help

£1000 - Barclaycard Initial (29.9%APR)
£150 - Capital One (30.9%APR)
£190 - Catologue Debt (Interest free 52weeks)
£800 - Overdraft (£0-£300 Interest Free, then 18.9% 300+.. Overdraft limit currently £2660, Pay £15 for the account p/month)

Now these debts were alot more and iv already paid alot off I just dont know if I could be getting them paid quicker by doing some shuffling with where I pay etc.

One option I do have it to upgrade my bank account to the £25 p/month account and then get £0-£1000 Interest free then 14.9% £1000+ and pay off all the rest of the debts onto the o/draft and open a seperate current account for day to day useage and treat the overdraft as a loan paying off monthly amounts. (I would hate to have to see and be reminded of the debt daily whenver i checked my balance, its already on my mind enough as it is!) But im not sure the bank would allow me to keep the overdraft if there wasnt a monthly salary coming in? If not, what would my best options be? Im paying roughly £150 p/months towards the debt which is currently the most I can afford.

Thanks for any help

Nicky321

The advice would be pay the debt with the highest APR off first and pay the minimum on the others. You will find a SOA useful to see your financial situation and what surplus if any is left to pay the debts, you will also see where your money is going and what cut backs you can make.

birkee

That's within the range of transferring debts to a 0% interest credit card.....singular. Deal with the catalogue seperately, as that's interest free anyway.
Can your tranfer an overdraft?