Question about paying debt early

Pew_Pew_Pew_Lasers!

I have only the one debt, just under 2 years left on it. Its about £350 a month, and I have the funds in my account to clear it early, saving myself a bit in interest.

The trouble is that doing that might leave me short to pay my tax bill (I'm self employed), and my account might go overdrawn.

Generally, which is cheaper? Being overdrawn for a few months; or maintaining the monthly payment schedule to it's end?

I can afford to pay it monthly, but it does grate slightly that it'll cost me more than a grand in interest to do so.

immoral_angeluk

Depends on the interest on the debt and your overdraft. But you do not want to go adding the inland revenue to your list of outstanding debts!!!!

Love the name by the way