Due to being in lots of debt here, I have cashed in part of my UK ISA. I now have 2 sterling cheques to the value of £7k.
Basically I would like some advice on how best to use these to help clear some debts as well as keeping some aside until to tide me over until my social welfare claim is dealt with - which may not be until September.
My situation is as follows - 1.5k overdrawn in BOI. 4.5k on irish credit card. 8k on UK credit card. 7k Credit Union loan. All usual bills overdue - ESB, Gas, Phone etc.
I have a UK bank account. Should I lodge these cheques in that account and use ATM to withdraw cash here? Or should I lodge in BOI and use to pay my bills here? Or are there other options that I have not considered?
Many thanks again.
Basically I would like some advice on how best to use these to help clear some debts as well as keeping some aside until to tide me over until my social welfare claim is dealt with - which may not be until September.
My situation is as follows - 1.5k overdrawn in BOI. 4.5k on irish credit card. 8k on UK credit card. 7k Credit Union loan. All usual bills overdue - ESB, Gas, Phone etc.
I have a UK bank account. Should I lodge these cheques in that account and use ATM to withdraw cash here? Or should I lodge in BOI and use to pay my bills here? Or are there other options that I have not considered?
Many thanks again.