Getting rid of the overdraft

joanne2406

Hi there, I'm totally new to this, so sorry if I shouldn't have started a new thread or if this information has already available elsewhere.

I have been out of Uni for 2 years now, and have started being charged for my overdraft. I have two accounts, one with £200 overdraft, and one with £300. Every month, my wage comes in, and all my bills come off the account, but I am straight back into the overdraft. As I am being charged for it now, I am wondering if there is a better way to handle this debt. I've heard about transfering the balance to a 0% credit card, but not sure if this is useful for my situation. I dont really understand all this APR and things, so any advice in simple English would be appreciated

Thank you

wendz86

When I paid off my student overdraft I saved the money in a seperate account and then transfered it over. I kept my overdraft but don't ever go in it but you could then ask them to cancel it so you can't go in it.