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My general advice would be to pay off any debts before investing, unless you're guaranteed to earn more through investing than you pay to have an overdraft. Does having an overdraft count against your credit rating? I don't know.
Nutmeg seems like a good shout for hand-off investing.
Drakien-
Does having an overdraft count against your credit rating? I don't know.
Short answer, no.
Two caveats, overdraft is paid/within limits and the total amount of debt available to you may be considered by mortgage lenders (ie if you had 10 accounts with £5k overdrafts).
Generally borrowing money and paying it back on time is viewed more positively than never borrowing any.
hugo7
I got some ppi back.
I feel like daddy Warbucks with my £600.
As I'm reducing my hours at work, I won't have much spare cash if any to top up a monthly gamble.
Can /should I open nutmeg/money farm and trickle in 40 a month or throw it all somewhere like that or pay off two overdrafts that costs me 10 a month?