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help dont know what to do first

got £2000 on overdraft with bank
£1800 on ccard

just lost my job and have been told husband may lose his next week

not sure where to turn to as i know if i cant pay above the interest will just keep mounting up

Comments

  • Smamfer
    Smamfer Posts: 2,487 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    have you taken any protection over illness/out of work with either of your debts?
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  • RAS
    RAS Posts: 36,521 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    get a new basic bank account urgently. And get your self signed uop for JSA immediately. Then apply for CTC.
    If you've have not made a mistake, you've made nothing
  • Register for JSA as the DWP will usually be asked to sign your application for Council Tax benefit (which, from memory, you have to raise with the Council yourself) and also for any payment / income protection policies you have.
    Almost debt-free, but certainly even with the Banks!
  • dancingfairy
    dancingfairy Posts: 9,069 Forumite
    Hi - you need to make sure you have an up-to-date SOA so you can get a true picture of where you stand. As you say your husband has not lost his job yet.
    You need to prioritise the rent/mortgage, food, electric/gas, water, council tax, any secured debt etc.
    Any other money can be shared amongst the people you owe money to.
    If you post a full current SOA we might be able to advise you better.
    Make sure you are signed up to all the benefits you are entitled to.
    Maybe go through the cupbaords and do a storecupboard challenge and make sure you keep your food bills as low as possible.
    Also get your cv dusted off and get applying for jobs.
    Best of Luck -I am sure you will get through this and there is plenty of advice on here to see you through.
    df
    Making my money go further with MSE :j
    How much can I save in 2012 challenge
    75/1200 :eek:
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