Does sitting in the red hurt much ?

[David _b]

Hi

I have a overdraft and can go all the way down to minuse £1250, interest free. Does using this facility hurt my financial rating much ? Just to say get by til payday a month later ? Curious side getting the better of me

Thanks

 

[David _b]

I always get paid.thats not going to change so got a income every month to bring things back in line. Just Im wondering if sitting at say -£600 til next payday will hurt me much in the long run ?

 

[David _b]

So even if i sit at a minus for a few months will it be ok ? Like have say a sudden expenditure that i cant afford and slowly bring myself back to the elusive "black" over a few months ?