I have my house deposit, which is pretty much exactly the amount of debt I am in.
If I pay off all my debt in one hit, will it look bad on my credit report, or if a bank looks at it and thinks a friend has helped me out?
Or should I pay it off monthly in fairly large sums?
The three largest components that determine your credit score (at least in the U.S.A):
Paying off your debt in one go will reduce the amount of time for which you owed the debt so it will help with current debts.
Additionally, why pay any interest when you have the ability to pay your bills?
Pay as soon as you can.
