I realy need help!

tiggerdug

right hoping someone can help me, here my situation, i owe £10,000 on credit cards, i have £150 a month to live on, this is all i have and cannot increase it, ive not paid bill this money and im get £25 charges off my bank every month, had 3 this month and now over my over draft! i live with my partner but there is now way im telling him about it, I want to take control of this myself, ive seen website saying debt free in a day, but not sure about them.
Where should i go? I struggle with reading loadz of info too, i just shut down, then want to go online shoping with the money i dont have!

urg123

Hi Tiggerdog

Well done for posting.

I suggest you post an SOA http://www.makesenseofcards.com/soacalc.html which will help you to work out what your income and expenditure is. Once you post this - we can have a look at where your money goes.

It sounds as though you've had a few charges. Have a look at martin's pages about reclaiming bank charges. If there are loads - this will really help.

good luck

urg x x

TCM_3

Hi there!
Well done for posting - you'll get lots of advice here. Have you spoken to the bank or credit card companies? Maybe could you have a payment holiday or something rather than having wacking great charges placed on your account. Or could you open another bank account and work your payments from it and pay off your overdraft with the other bank gradually?
Someone with much better advice will be along shortly!!!!
Once you admit to yourself that there is a problem, although scary, it does get better, I promise you. When you feel more in control of the situation, it really does help.

Thinking of you
T

Sunny_Donny

Hi Tiggerdug
Don't go to a debt free in 24hrs website til everyone on here has had a look at your SOA and made suggestions.
We are all here to help and will do as much as we can
Good luck and welcome to the club

Merlinexcalibur

Hello, 'T' Not TCP, then?

right hoping someone can help me, here my situation, i owe £10,000 on credit cards, i have £150 a month to live on, this is all i have and cannot increase it, ive not paid bill this money and im get £25 charges off my bank every month, had 3 this month and now over my over draft! i live with my partner but there is now way im telling him about it, I want to take control of this myself, ive seen website saying debt free in a day, but not sure about them.
Where should i go? I struggle with reading loadz of info too, i just shut down, then want to go online shoping with the money i dont have!

Well, the thing is and this what does annoy me a lot here lately. Someone posts, saying how desperate they are for help then no one ever gets a reply when help is given. So, what's the £150 BTW? What's this from?

Where should i go? I struggle with reading loadz of info too, i just shut down, then want to go online shoping with the money i dont have!

[/QUOTE]

Well, like you've said you've apparently looked things up online ... so why have you not heard of CCCS for example? Looking forward to your reply or just 'is this another one post poster?' Don't mean to sound harsh but when people don't reply to the help others provide makes you wonder a little.

Merlinexcalibur

I want to take control of this myself, ive seen website saying debt free in a day, but not sure about them.

Well, as you said you already live on £150 a month? Ergo, the last thing you want to be doing right now is paying one of these fly by nights what someone like a debt charity could do for you. Yes, CCCS, also has a freephone number. Counsellors also hang out on top of this board above daily for people to ask questions. So, they are pretty much easily contactable either online, by phone or via MSE.

Anyway, I wish you well whatever you choose to do next. What I am also slightly confused with is where you say what you live on per month? Yet have all these cards? Because it's pretty rare for someone to be able to obtain credit in your situation and 'go shopping online'.

So, in other words STOP. Because it will only land in further hot water.

I want to take control of this myself, ive seen website saying debt free in a day, but not sure about them.

Only person can do that eg 'take control' is yourself. By picking up that phone, and contacting someone like CCCS. No one else can do that for you.

tiggerdug

ok the £150 im my allowance, see heres my situation, i have joint accounts with my partner and we each have our own account, the £150 is what i get to spend how i like, but i got exited about having a house and started buying things for it, then one card lead to another card not im using credit to pay credit and now ive maxed it all! I tried to ccs thing and it said i didnt have enuff money.

I dont know what a SOA is?

im really confussed, i called egg and they said they cant help, last time i called my back they said they would close my account, my overdraft is £1000

urg123

Tigger

An SOA is a STatement of Affairs - it sets out your income and expenditure. Have a look at other threads on this page and you'll what they look like. The link is in my post above.

Take your time to get it right - we can't really offer advice until we see where your money goes.

On another point - I think its great that you want to deal with the debt yourself but having the support of your partner will really make a difference.

You will get a lot of support here if you take it. Have a look at some of the other threads.

urg x x

tiggerdug

ok thanks, im totaly new to this, so can i come back to this thread tommoro? using the computer at work!

I cant tell my partner as he's unwell at the moment and i dont want the extra stress on him, i know it sound bad, but ive been i debt before and other people bailed me out, so i just got in it again, i think i need to be a big girl and sort it out myself so i dosent happen again!

urg123

do come back tomorrow - if you get this before you go why don't you print off the SOA page so that you can fill in the correct information this evening.

It's great that you are taking responsibility. When you are bailed out it is much harder to learn the lessons that you need to learn.

I'm not sure I'll be online much tomorrow but will look out for your thread tomorrow evening.

urg x

tiggerdug

thanks very much, i will see what i can do with it!

there so much on the forum is a bit overwhelming at first, sure i will start getting the hang of it, and stop me looking at the clothes website and usualy addicted too!

thanks again, starting to feel bit better already.
x