Should I pay off my credit card?

[2anddone]

Hi :)
I currently have around £2300 on my Tesco credit card and am about to take out a loan (£13,000). I have around £2800 in savings, which is my 'security blanket' as I am a single parent and constantly scared I will be unable to work due to sickness (I am self employed) or xh will stop paying the mortgage.
I am a childminder and I am currently trying to expand my business as the children I currently have start school in September.
I will earn enough for my monthly outgoings and to pay off the minimum on the credit card and monthly repayments on the loan, but I am wondering do I pay off the whole credit card from savings and then 'save' the credit card payment each month to build it back up again?
Would love any advice please

Also I would change the CC to a zero one, I use Noddle (online) to recommend a good zero percent deal, then pay off within the offer date perhaps. so not paying that interest.

What NoSquirrels said. That way you’ll

-Keep your savings pot
-Pay off your CC over 12 months.
-Get your playroom next year and by that time you’ll be debt free.

I don’t know if it’s still available but M&S bank we’re doing a 0% credit transfer for 28 months. Would that be a possibility?

If you paid £70/£80 a month it’d be pretty much clear in a couple of years.

If you go on the website Noddle they tell you O% deals you tend to qualify for before you apply...

How big's the log cabin that it can fit a toilet, 6+ kids and you? Or will some kids be in the cabin some indoors - so how do you supervise properly?

What happens if one needs pull ups changed, other needs the loo and two others are fighting? Will you get a student to help perhaps.

I’m not sure it’s such a problem, Home - 3 under 5s really is a normal ratio for childminding and my CM coped with this plus after-schoolers (who are quite self sufficient really). Like having siblings, really, and if your set-up is right it’s OK.

But I can see in the pull-ups and fighting scenario you describe why a toilet upstairs isn’t great for that, hence why she’s considering more space and a downstairs loo.

I just think £13K loan on one self-employed income is really really not a good idea.

I have been a childminder for over 20 years and until we moved into this house I often had 3 under 5 different lush before and after schoolers so I am not concerned in the slightest about how I will manage with more than 2 children.
I agree £13000 is a lot on a single income but it really feels like now or never!! I am really appreciating everyone's advice and taking it all onboard, thank you

Look at money saving expert website for best rates for credit cards & loans. I would also suggest, pay off your credit card, before getting the loan.

Only pay off the credit card if you are going to get rid of it completely then because you will run it back up again, it's the very nature of them.

Do your own children count when considering the ratios too? Sorry if that is a stupid question but do as much research as you can before taking out a big loan.