Hi all I wondered if I could get some money advice.
I have a payment plan on an old credit card I defaulted on. I'm paying about ten pounds a month and the balance is around 1000.
I am trying to improve my credit score so I want to pay this off ASAP.
I have another credit card that I have been using to rebuild my credit. I pay this off mostly in full monthly and the balance is low.
Would it be worth paying off my old credit card with my new credit card? Least then I won't be defaulting although i know it will stay on my credit rating for years
Thanks