We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Redundancy

Options
Please can anyone advise the best course of action, i ve been made redundant and have a little savings.Is it best to put all or part expenditure on
a credit card so to get at least 30 days before paying back the minimum amount in the hope that i get a job in the next 6 months.And what happens when you dont have the money to pay the credit card company back they cant take your house off you can they?

Comments

  • Breezy85
    Breezy85 Posts: 176 Forumite
    I wouldn't advise building debt up on a credit card if you don't have a job to pay it back (been there done that) or spending on plastic in the hope you "might" get a job in the next 6 months.

    If I was you I would cut back on non essentials and check which benefits you are able to claim.

    see >> entiltedto.co.uk, fill in the details and it will tell you what benefits you will be able to claim

    All the best

    Breezy ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.