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I dont know where to start

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Comments

  • tyllwyd
    tyllwyd Posts: 5,496 Forumite
    Most people on this board advise against consolidation loans because the danger is that you take out the loan but still run the debts up again, and end up worse than before. Another disadvantage is that it is very inflexible.

    The first place to start might be to put all the figures into a debt consolidation calculator like the one here http://www.thesalarycalculator.co.uk/debt.php
    so at least you can see whether it is a good idea or not in terms of the interest you would pay over the life of the loan.
  • pania
    pania Posts: 8,258 Forumite
    Angels 11 can you read your pm's asp please hon...

    Pania
    xxx
    debt @05/11/11 £12210.63!! slowly chipping away!!
    :heart2:impossible is nothing.:heart2:
  • angels11
    angels11 Posts: 32 Forumite
    Hi all,

    Well the mortgage has gone out today which has taken us overdrawn by £540. God i hate going overdrawn!!

    Roll on payday!!!

    I hope i can sort this bloody mortgage out before the next payment is due.:mad:
  • pania
    pania Posts: 8,258 Forumite
    hey hon no response today, will let you know tomorrow xx
    debt @05/11/11 £12210.63!! slowly chipping away!!
    :heart2:impossible is nothing.:heart2:
  • angels11
    angels11 Posts: 32 Forumite
    Thank you

    That would be lovely, im just hanging in there at the moment until i get the answer. Which will hopefully be the right one.

    XXX
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