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paying mortgage of quicker
cassidy20
Posts: 2 Newbie
I am relatively debt free and have savings, however I read in a financial magazine that instead of using savings to reduce mortgage you could use your overdraft facility, only if it is free and you are able to pay off overdraft at any time. Has anyone ever tried this or do you think this would be foolish. I was considering paying an extra £300 every month, but maintaining my overdraft at this. Would appreciate your comments
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