Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Cityfan33
    • By Cityfan33 13th Mar 17, 2:32 PM
    • 1Posts
    • 0Thanks
    Cityfan33
    Where do I begin? Help!!
    • #1
    • 13th Mar 17, 2:32 PM
    Where do I begin? Help!! 13th Mar 17 at 2:32 PM
    Hi there,

    I am in a bit of debt due to being stupid and oblivious when I was with my ex. I am now the one stuck with it all to pay and am finding myself hiding in the corner in the hope it will all disappear. I know that's no good and that's why I have joined here so guys please help top tips for getting debt free. Please be kind thanks xx
Page 1
    • StopIt
    • By StopIt 13th Mar 17, 2:36 PM
    • 468 Posts
    • 399 Thanks
    StopIt
    • #2
    • 13th Mar 17, 2:36 PM
    • #2
    • 13th Mar 17, 2:36 PM
    First, Don't worry, there's always a solution to these things, and I'm sure the community here will help all they can.


    Second: http://forums.moneysavingexpert.com/showthread.php?t=4895819 Read the debt sticky, post up an SOA and people can help knowing your full financial circumstances.


    Good luck!
    • DesignNotDefault
    • By DesignNotDefault 13th Mar 17, 3:15 PM
    • 35 Posts
    • 77 Thanks
    DesignNotDefault
    • #3
    • 13th Mar 17, 3:15 PM
    • #3
    • 13th Mar 17, 3:15 PM
    As the previous poster has suggested, a thorough SOA is needed so people can provide specific advice. Good for you on taking the first steps to become debt free

    All the best and welcome
    Mortgage @ May 2014 £103,347.24. Mortgage @ 2%, O/P @ £250 p/m from March '17: £93,316.68, £92,949.95, £92,314.97, £91,696.25, £91,070.65, £90, 699.55
    CC @ 0%: £5473.72, £5419.72, £5365.72, £5312.72, £5259.72, £5207.72
    Home Improvement Loan @ 0%: £602.68, £559.62, £516.56, £473.50, £430.44, £387.38
    Intending to be mortgage-free by 2022
  • National Debtline
    • #4
    • 13th Mar 17, 3:36 PM
    • #4
    • 13th Mar 17, 3:36 PM
    Hi

    I agree with the others that posting your SOA figures here is the best place to start. What types of debts do you owe and roughly how much? Have you missed any payments on your debts so far?

    James
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
    • sourcrates
    • By sourcrates 13th Mar 17, 4:13 PM
    • 10,858 Posts
    • 10,544 Thanks
    sourcrates
    • #5
    • 13th Mar 17, 4:13 PM
    • #5
    • 13th Mar 17, 4:13 PM
    Hi,

    And welcome to the forums !!

    Much more detail required before we can make any comment.

    Do the SOA, (format for MSE) post it up, be as accurate as you possibly can be.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • Bedsit Bob
    • By Bedsit Bob 13th Mar 17, 5:06 PM
    • 9,552 Posts
    • 50,154 Thanks
    Bedsit Bob
    • #6
    • 13th Mar 17, 5:06 PM
    • #6
    • 13th Mar 17, 5:06 PM
    I'm curious about you saying "I am now the one stuck with it all to pay".

    Are you saying you weren't previously liable for it, but are now?

    If so, then are you quite sure, that you are legally liable for it all?
    My job is Top Secret. Even I don't know what I'm doing.

    Amount I have so far denied the BBC - £1161
    • enthusiasticsaver
    • By enthusiasticsaver 13th Mar 17, 6:04 PM
    • 3,544 Posts
    • 6,174 Thanks
    enthusiasticsaver
    • #7
    • 13th Mar 17, 6:04 PM
    • #7
    • 13th Mar 17, 6:04 PM
    Is the debt in your name? Don't ignore it and hope it will go away. Mostly it can be sorted.
    Debt and mortgage free and saving for early retirement
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,903Posts Today

7,262Users online

Martin's Twitter
  • RT @kcbelsham: @MartinSLewis . This Account would have to pay at least 12% to achieve £1 million in 35 years . Any ideas ( think it is impo?

  • Really? The highest interest rate amount for that volume of cash currently is 2%? You'd need an interest rate explo? https://t.co/6YRk1wLdTl

  • Today's Twitter poll: Is it acceptable to take your shirt off and go topless in the street when it's scorching in the UK?

  • Follow Martin