Debt help needed

Shell09

Never been on anything like this before, but need advice.

I have debt of 35K, and dont know where to turn. Really struggling with repayments, and at times drawing money from credit cards to pay other cards (bad i know).

Had a loan company round tonight (have 7days cooling of period) for a secured loan.

Dont know if this is the way to go. Any advice ?

Toni_Broke

Hi Shell

Welcome to mse, i certainly wouldnt go for a loan but the good folks of dfw will need some more details from you. Someone will be along soon i'm sure.

Good luck

Tonixx

10past6

Shell09 wrote: »

Had a loan company round tonight (have 7days cooling of period) for a secured loan.

Hi Shell

Welcome to the forum

Borrowing your way out of debt is not the answer, especially with a secured loan.

Start off here, complete your SOA (Statement of affairs) the members will assist as and where required.

Also, take a look at my signature and contact one of the debt charities for further assistance with your debts.

fatbelly

The secured loan is a VERY bad idea.

Suggest you cancel, and then contact one of the organisations in 10past6's click-through

You're probably going to need a debt management plan with a fee-free company.

Shell09

Thanks for advice. Have cancelled the loan. Links given are very useful. Thanks again, i may get a good night sleep 2night.:D