Hi
Looking for some advise....I recently cleared a 3K (approved) overdraft on my current account (April) but have a credit card debt of 10K - Query....Should I pay 3K off the credit card going into my overdraft again or continue to remain in the black in my current account and pay as much as I can monthly above the minimum payment? Is one better that the other credit rating wise or should I base my decision soley on the interest being charged on each option - any help appreciated - thanks!
Looking for some advise....I recently cleared a 3K (approved) overdraft on my current account (April) but have a credit card debt of 10K - Query....Should I pay 3K off the credit card going into my overdraft again or continue to remain in the black in my current account and pay as much as I can monthly above the minimum payment? Is one better that the other credit rating wise or should I base my decision soley on the interest being charged on each option - any help appreciated - thanks!