Help?

rarararara

First off hello ...
Hope this is in the correct section.

Ok, I need some advice and really dont know where to turn.

I get paid £800 a month after tax.
I owe lloyds tsb £3000
I owe egg card £1000
and owe my parents £5000 for a car.

I kept missing payments due to having messed up direct debit dates,
My tsb Overdraft was £2000 however due to nearly £1000 worth of bank charges its now just pushing £3000:mad:
I wanted to consolidate it all and have one payment for everything once a month. I stupidly applied for a £9000 loan that i should have know i would get denied for,
Then even more stupid I applied for 8 maybe 9 one after the other.
Now I cant get credit anywhere, I dont want to damage my credit rating anymore, How can i repair it?
Whats more is I really need to pay my parents back.


Any advice?


Many thanks

Kavanne

Those searches will only stay on your file for 12 months.

have you tried reclaiming your bank charges? Click on 'reclaims 1000s' at the top of this page.

milliemonster

Don't apply for anymore credit, there is nothing else you can do to repair your credit file and the fact that you are currently over your overdraft will continue to affect your credit rating until you get that back under control.

I think you need to have a word with your parents and explain the situation to them to see if they would be happy to wait for you to start paying them back, then make the minimum payments to your Egg card for the time being and throw the rest of your spare cash at reducing your overdraft.

Can you post up an SOA so we can look at where you may be able to cut back?

rarararara

Doing exactly that already.
Also have one of those captial one cards, been using that for a month now, Just buying a pack of fags or two on the card then paying it off in full every month, Will this actually help?
Currently keeping up the minimum payment on my egg account and havent missed a payment once.

Its mainy this Lloyds tsb thats killing me.

Sorry to sound stupid whats an SOA?

Cheers

marshallka

rarararara wrote: »

Doing exactly that already.
Also have one of those captial one cards, been using that for a month now, Just buying a pack of fags or two on the card then paying it off in full every month, Will this actually help?
Currently keeping up the minimum payment on my egg account and havent missed a payment once.

Its mainy this Lloyds tsb thats killing me.

Sorry to sound stupid whats an SOA?

Cheers

SOA is statement of affairs.