Okay, here goes

Drea

RAS wrote: »

They will want quite a lot of information regarding your situation. They are designed to help people with poor credit ratings so that they do not take out pay day and provident loans. They do look at afforability.

You may need to explain about your relationship break-down so they understand how you got into this mess.
It might also be worthwhile asking for any cheque to be made out to the Council or the Provident so they can see you are serious about wanting to clear these debts up.

Not got a problem with doing that Thanks RAS, will let you know what happens on Tuesday, if I could get rid of some of it and just be paying one thing then I'd be a lot happier.

RAS

Drea

You are not going to get rid of any of it. Just the credit union charges less than the provident and it means that you can afford to pay your basic payments and start tackling the underlying debt instead.
Also do not expect a big loan from the credit union in the first instance. They may only agree to cover either the Ct or the Provo loan, although there is no harm in trying to negotiate for both.

Once you have a good payment history you may be allowed to extend your borrowing.

And you will probably have to save with them, just a small amount but you can usen that instead of the holiday/Christmas/emergency savings that would be in your budget anyway.

iolanthe07

This thread actually makes me feel quite angry. Here is someone, working full time, earning just over £900 a month, and has to find almost £600 in housing costs, not including heat and light. Two thirds of her modest income is going on providing a roof over her head, with no help from any of the statutory agencies, it seems. If this house price crash bring rents down for people like her, then it's not wholly a bad thing.

Drea

iolanthe07 wrote: »

This thread actually makes me feel quite angry. Here is someone, working full time, earning just over £900 a month, and has to find almost £600 in housing costs, not including heat and light. Two thirds of her modest income is going on providing a roof over her head, with no help from any of the statutory agencies, it seems. If this house price crash bring rents down for people like her, then it's not wholly a bad thing.

Thanks, it's nice to hear it's not just me that thinks the cost of living is insane

RAS

Yep

The big issue here is the mix of crap wages and the fact that as ad under 25, Drea cannot get any of the normal support because Maggie thought she should live at home or in a shared house.

Drea

An update.

Today I got my decision in from the credit union that I applied for the loan through. It's a no. They said that looking at my outgoings they think I wouldn't be able to pay it

beanielou

Sorry to hear that Drea.