£12000 in debt,best advice please

i-wish-i-was-rich

hi all
new to site so please bare with me.did what i said i was never going to do,now £12000 in debt with llyods platnium.don't know what the minium payment is yet,proberly afford £350-£400 a month please help and thanks to all those who reply.(kids had a good xmas)
Is balance transfer a option,would that save me any money?

louiser123

good lord, the kids did have a good xmas with 12000 spent on them!!!!
i have no advice to offer only it has to be paid back now and will be costly!!

good luck

nealallen

Have you even offered a re-payment to the bank yet?

lxpeanut

Head over to the debt free wannabe board lots of people on their will be able to offer you advice on how to deal with the credit card people and how to manage your finances so you can pay the card off.

YorkshireBoy

i-wish-i-was-rich wrote: »

please bare with me.

A bit presumptious, this being your first visit?

don't know what the minium payment is yet,proberly afford £350-£400 a month

You're worrying unnecessarily. At 2%, it's only £240 per month.

i-wish-i-was-rich

no i have not,excuse my ignorance but i know nothing about credit cards and how they work.thanks for your reply

TheEffect

Ring Lloyds TSB and talk to them. They're who you owe the money to and they will offer some advice and help. You need to get a repayment plan together with them and start paying it off. 12K debt can turn into much more if not paid off as quickly as possible.

johnllew

I think this may be a wind-up.

YorkshireBoy

johnllew wrote: »

I think this may be a wind-up.

You only "think"?

johnllew

YorkshireBoy wrote: »

You only "think"?

Hedging my bets as usual.

HNY, YB.

i-wish-i-was-rich

sorry but not in the habit of a wind up over £12000 i only ask for help and advice as how best to clear the debt.many thanks