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Little advice please
Comments
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Just a quick update.
Well now my head is in gear (and I've overcome my fear of phoning), we have a plan.
The mortgage is reducing by £300pm by changing to interest only, hope to change back/make overpayments in 3 years time. We will be strong and determined about this.
The A&L (MBNA) debt is (partially) going to one of my free cards at 7.9% for life, leaving £7k on A&L which is being hit with every spare penny we have.
Belts have been tightened!
Thank you all so much for your support and encouragement, it will be a long road, so you'll have to get used to me popping in to visit.
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Well done you! :beer:
Let me know if you ever want to buy anything. I'm great at not buying stuff for so long that eventually I don't need it!
Mum to DD born Oct 2009 :j DS born April 2013 :jBreastfeeding peer supporter with the breastfeeding network. National breastfeeding helpline 0300 100 0212.:question: Ask me if you have any baby feeding questions :question:0 -
Well done JWM!
We have done much the same as you - switched our mortgage to interest-only and got the credit card debts onto 0% and low life of balance cards. I don't feel too happy about the interest-only mortgage, but it has enabled us to cope and I think this was the best decision for us.
Good luck with it and do pop back any time you want moral support or just a chat with someone who knows how it feels.Total debt: 1 January 2007 £[strike]49,387.79[/strike] 1 January 2012 £[STRIKE]19,312.85[/STRIKE] 1 August 2012 £11,517.620
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