Shy Newbee

Worrywart-by-nature

I've been browsing this site for about 3 months now and I've just plucked up the courage to actually register and post.

I'm in my early twenties and in about £8000. This started mainly when I was living at home with parents and was being charged 1/2 my wages for rent even though I was also paying for my my own studies. I moved out on my own about a year ago after the relationship soured out and they threw me out because I refused to pay the extortionate rent any further; I was even asked to put my notice for wanting to leave the house in writing (sad I know). Anyway I got my own place but again had to rely on credit to get necessities such as furniture and rent deposit as I basically left my parents without much savings.

I am desperately trying to clear my debt but I'm struggling and have been doing so for awhile now. I have until a couple months ago been able to make the minimum repayments on everything while eating on about £5 a month. My heatlh began to deteriorate because for that much I couldn't eat healthily and this is when I started to realize that I really needed help.

I started a DMP with an independent company but after three months I lost my job and two weeks ago found another but had to take a 40% pay cut so I haven't made last month's DMP payment. Without paying the management fee, I would be able to scrape by and continue paying my debtors and that is what I plan to do but I am desperately looking for a second job so that I can use that income to pay my debts quicker.

I just think I need some moral support while I go through this otherwise I dont think I would be able to do it on my own.

savemoney

Hi there. Sorry to hear about this. You might be best posting for helpful non judgemental advice on debt in the debt forum below

Debt-Free Wannabe

hanstar

hi, sounds like a horrible situation to be in, you probably would get more help on the debt forum, and you really should get in contact with citizens advice, they will negotiate a payment plan with your creditors and will not take any fees or charge you anything, even if they cant help you do this they will give you information and support. they are amazing! well the lady i went to see about my debts was anyway!
also there are other organisations that do dmps with no fees so try and look into them (sorry cant think of there names).