How to "combine" credit card and overdraft?

NaomiR

I'm in real poo, managed to get into debt I did have 3 credit cards but I have paid 2 off, leaving one with a balance of £500 which in itself wouldn't be too serious had I not also incurred an overdraft of £1,400

I haven't slept in 12 months I constantly feel sick and anxious and I don't really know what to do??

Tixy

Hi and welcome to the forum.

Combining the debt isn't necessarily going to help things for you.

First of all I would recommend working out how much you can afford to repay off your debts a month in total after paying out all essential costs etc.

Then you also need to work out which debt is costing you the most overall and so which one to target paying off first.

You may find it useful to complete a statement of affairs to get a full picture of your finances income/expenditure before debt repayments and then details of your debts - http://www.stoozing.com/calculator/soa.php

If you have already managed to pay off 2 cards then hopefully you will find you have surplus funds to put towards these debts each month and start to get them paid off.