Colleys sorting his life out b4 its too late

Colley22c

ok heres the story ive posted on here a few times lately coz im up to my eyeballs in debt and im sick of the fact that im 26 years old and i have only one chance at life and i havent a penny to spend the day after payday every month because of my recklessness in the past.I know ive spent it and i should pay it back but i cant help thinking im nearly 30 ive no kids and all the worldly possesions i own i could fit in the boot of my ten year old astra and all because im paying back a multi billion pound a year profit bank a chunk of my wages and all because theyve fed my drink and gambling addiction. I know its my fault i lost my head and i spent the money but they kept topping up my loans and credit availabities when i was overspending every month. they gave me a 5 grand loan then an 11 grand loan then a 14 grand loan then a 3 grand credit card then a 1750 overdraft so now i owe them 17 grand plus interest.Im man enough to admit ive messed up big time and its my fault but i cant help thinking they are to blame too, but will they admit responsibility ..no!they just keep charging me £15 plus £6 a day for going 71p overdrawn!!Anyone whos had a gambling problem will know how easy it is to lose 1000s a gambling addiction is like a drug u have to bet bigger and bigger to get the same buzz and like i said i know ive messed up but i dont want to be punished for the next ten years because of it, i want a life i want to socialize , i want a family ,i want a hedgestrimmer , i want a nice sofa that hasnt been scratched by the cats , i want to fix the rotten tooth so i dont have to always eat on the left side of my mouth,i dont want to keep driving my car with the petrol light flashing , i want to be able to afford to go to birmingham to see my mum but i cant do anything because of my debts. i work hard i havent got a bad job but im never going to be a top dog on 100 grand a year so what can i do? well ive decided ive had enough, i have had enough of worrying , i had enough of not sleeping , ive had enough of borrying and i have had enough of wearing my two year old squash trainers with holes in them and grass stains on them that i cant seem to wash off so im going to tell my bank they can except a greatly reduced payment or im going to go bankrupt i dont care anymore im not scared ive beaten my own demons and now ive just got to beat the money grabbing demons and then i can start life again before its too late. im currently paying 500 a month back to the bank ,will take 6 years to clear at current rate but probably more coz i keep going overdrawn n averaging about another 50 in charges month.IM thinking im going to offer them 200 a month if they refuse(its with lloyds and apparently they are the worst for accepting dmps)im going bankrupt which im thinking i would rather do because then its over in three years. i will keep posting updates and would appreciate any feedback, help or advice wish me luck for the future i dont want a lot i just want to be happy

sarriep

Hi Colley
Have you tried contacting CCCS? You may be able to arrange a DMP (Debt Management Plan) which will help you to find a light at the end of the tunnel!
We owe over £50,000 and are starting our DMP next month. I am hoping our creditors will all freeze the interest so we can start to tackle and pay off the balance. It will take about 9 years to pay off but at least there is and end!
Why don't you post your SOA and get some advice from the helpful bunch on here?
Best Wishes
Sx

tallyhoh

Do you still have drink & gambling probs? You really need to sort those out as a priority (in conjunction with debt) or any inroads you make into clearing debts will be scuppered again.

Can't help with the gambling but I had a drink prob for years. Can't tell you how to stop as everyone is different but you need to contact someone who can help & like NOW. Most areas have a free advisory service & then there is always alcoholic & gambling anonymous.
Dont think because you aint lying in the gutter drinking meths that you dont have a problem, its a problem if it affects other areas of your life.

Good Luck.

cheets99

You need to stop blaming banks, yes they will have given you money but thats what they do, how can you say a bank is robbing you when you wont even buy a pair of trainers.

You need to find yourself before mentally before anyone can help you financially , post a SOA but

I am 25 nothing to my name still living at home, just gone back to college but I dont blame any but my self.