Advice Please

Shock_Horror

Hello all,

I am 26 years of age and in a little bit of a muddle. Had loads of credit since I was 18, and never been CCj'd or anything. Most I have done is missed a few payments.

The last six months has been difficult for me and has saw me rattle up alot of debt mostly on credit cards. I went through a spell of missing payments regularly, and maxing out most cards.

Now I have settled and looking back to getting my life on track, I have hit a snag! I can't get anything! I applied for a Nationwide Flex account today and got refused. I applied for a consolodation loan and got refused. I am alos getting letters reducing all my credit card limits, and some even closing them!

Is there anyway I can redeem myself? I am hoping to get a mortage this year, but with the way things are going there is no chance I will be considered. I just hope there is some way I can turn things around, as I never used to have a problem obtaining anything!

Thanks

EssexHebridean

Hi ShockHorror.

You need to post up your full SOA so someone more knowledgable than I can give you some advice. The generator for this can be found HERE. Good luck.

One thing I would advise is that at the moment the very last thing you need is another credit card! List your full outstanding balance on each of your cards - then sort that list into order with the highest interest rate at the top. The higher up the list, the sooner that card needs to get paid off. Do you have any savings? If so, time to use them to pay off debts I'm afraid.

Good luck.