I hope this is the right place to post
I currently have an arranged overdraft of £1800 and usually use £1700 of it each month. It is left over from my interest free student overdraft however now I am paying approximately £30 on it each month from interest and monthly charges. I would REALLY like to get out of it and my plan should see me out of it in 18 – 24 months.
However this is still £30 a month until then.
My question is, is it possible to get a 0% balance transfer style credit card to pay it off? I think this would be cheaper? However I have NO idea how to go about this.
Is this a realistic thing to do and are credit cards the way to do this?