Overdrafts

[grubba]

I currently owe some money on my credit cards (understandingly!), it's not a lot but I'm thinking about paying them all off by using my overdraft and just paying the interest on that, is this advisable?

[Ethel]

Yes, perfectly possible. It makes sense if your overdraft interest rate is very low.

The hard bit is to stop spending on your cards when you have paid them off with the overdraft!

[silverdaler]

check out www.moneysavingexpert.com - it may be of some help !