Rewrite loan

sim2335

I had a 6 month payment hoilday with nationwide

Now they offered to rewrite a new loan and old one will show as settled or continue with new one

They said settled shows on credit file as if it’s paid of then show new one, does settled look bad

My total areas is 2000, because 709 before and rest during payment hoilday not on credit file but with them,should I pay that off and continue with normal one

Or 

Rewrite the loan and use that extra money to pay of other debts?

Thanks

[Deleted User]

You need to outline your wider situation.

sim2335

Wider situation in brief 

The reason I won’t to clear it is to get a moragte end of next year, my mum will help 10% deposit up to 10000

I could afford 1200 and pay of rest nationwide, and pay other debts as normal every month

Aa credit card 1500 left

Lille loans 1000 left
That’s it and one more debt but over 6 years and not on credit file about 1700, which is with a university as I didn’t finish, gona pay them back as it shows on my bank stament