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No Choice But To Consolidate ?
DJP_2
Posts: 49 Forumite
Ok here go's ...
I've been on this site before and got some helpful and sensible advice , to cut it short , due to a failed business venture i'm in £17,000 of debt which consists of :
LOAN1 = £4000 OUTSTANDING @ £106 PER MONTH (5YRS LEFT)
LOAN2 = £5000 OUTSTANDING @ £93 PER MONTH (7 YRS LEFT)
CREDITCARD1 = £5000 OUTSTANDING @ £100 MIN PAYMENT
CREDITCARD2 = £3000 OUTSTANDING @ £65 MIN PAYMENT
MY PROBLEM IS , I'M NOW WORKING AGAIN BUT I SIMPLY CAN NOT AFFORD ALL THESE REPAYMENTS , I NEED TO CONSOLIDATE EITHER ALL OR SOME OF THE ABOVE.
I'M OPEN TO SUGGESTIONS AS TO WHAT IS THE MOST SENSIBLE AND/OR BEST WAY TO DO THIS.
MANY THANKS IN ADVANCE.
I've been on this site before and got some helpful and sensible advice , to cut it short , due to a failed business venture i'm in £17,000 of debt which consists of :
LOAN1 = £4000 OUTSTANDING @ £106 PER MONTH (5YRS LEFT)
LOAN2 = £5000 OUTSTANDING @ £93 PER MONTH (7 YRS LEFT)
CREDITCARD1 = £5000 OUTSTANDING @ £100 MIN PAYMENT
CREDITCARD2 = £3000 OUTSTANDING @ £65 MIN PAYMENT
MY PROBLEM IS , I'M NOW WORKING AGAIN BUT I SIMPLY CAN NOT AFFORD ALL THESE REPAYMENTS , I NEED TO CONSOLIDATE EITHER ALL OR SOME OF THE ABOVE.
I'M OPEN TO SUGGESTIONS AS TO WHAT IS THE MOST SENSIBLE AND/OR BEST WAY TO DO THIS.
MANY THANKS IN ADVANCE.
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Comments
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Hello!
Please post your SOA - all your incomings and outgoings in detail, and we'll see what the best option is for you once we trake that into account.:cool: DFW Nerd Club member 023...DFD 9.2.2007 :cool::heartpuls married 21 6 08 :A Angel babies' birth dates 3.10.08 * 4.3.11 * 11.11.11 * 17.3.12 * 2.7.12 :heart2: My live baby's birth date 22 7 09 :heart2: I'm due another baby at the end of July 2014! :j
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