📨 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!

Do I apply for a personal loan

Options
Hi
I currently have 4 credit cards with possible outstanding balance of £10,000 in total. Im not sure whether to keep trying to transfer the balances to 0% cards or apply for a personal loan.
I find that im paying about £300 a mth out on these and now I have started paying interest on 2 of my credit cards.
I need to do something and fast, but not sure whats the best option??
I need help............

Comments

  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    It isn't very often that consolidation loans work
    I think you might get some more help if you posted on
    Debt-Free Wannabe
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
  • lorweld
    lorweld Posts: 5,524 Forumite
    1,000 Posts Combo Breaker I've been Money Tipped!
    I'll close this thread as the op has posted on the Debt free wannabe board :)
    :hello:
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
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K 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.