no point in second thoughts now

hadahardyear

As of yesterday I had the following debts

Legal aid £88
Choice £157.88
Very £450
Aqua £350
Capital one progress £195.68
Vanquis £1218

I have maxed out my overdraft and paid my own money subsequently now have the following debts

Legal aid £0
Choice £0
Very £318
aqua £171
Capital one progress £0
vanquis £850

I only now have the overdraft charges to pay.

I will save £73 in interest and pay back the rest of vanquis throughout this month.
Once thats done, It will only really be Very left.

Hope I have done the right thing x

hadahardyear

just a thought, what looks better on a credit report, owing less on a credit card or an overdraft x

mildredalien

If your overdraft is costing less in interest charges than the debts you paid off then yes you have done the right thing!

I'm not entirely sure, but I would think that it's just the amount of defaults/late payments, any CCJs or bankruptcies and the amount of credit you have already taken out that impacts on how your credit report looks rather than where exactly that debt was.