Credit card issues - Not Sure of Next Step!

Kayleighpea

Hi All,

Truth time! (Maybe this will scare me into sorting out my situation once and for all!!) I currently have around £12,500 worth of debt on credit cards and overdrafts, which I accumulated over 4 years at Uni (parents could not afford to help out so I had to find money from somewhere!). I was paying ridiculous amounts of interest and was unable to get any 0% balance transfer cards to shift the debt.

Thank god for Daddy (!) as he took some of the debt and moved it onto a 0% card in his name and I have managed to pay off a few £k's since this has been done There is now about £9k left on that one.

In my name though, I have a Natwest card which is maxed out at £1050, a student overdraft with Halifax which is also maxed out and is at £1250, and my current account is now with Alliance and Leicester. But after my low salary is paid in and all my bills are paid out I am always at the limit of my overdraft which is £200.

I am paying interest on the Natwest card and the student overdraft but once again cannot get a 0% card to shift the balance. I have had a couple of missed payments over the last few years which might not be helping, but when I got the free 30 day Experian report I couldnt see anything glaringly obviously that would be affecting my rating.

I just seem to be stuck with nowhere to turn now and feel like i'm going to be paying these off forever! :eek: Any help would be greatly appreciated!

Thanks,

Kayleighpea x