Grad Help Please!

jackyboydnb

Hi guys hopefully somebody can give me some advice!!

Basically I graduated from uni last year and have had a job since September, however meant moving to London!!

I thought I would have more disposable income that I do and my rent takes half of what I earn a month! This does not leave me with much.

Part of my job is entertaining clients and so to do this I grabbed a Lloyds duo credit card.....I kept on top of things for the first 3 months paying off the balance in full. Now however it stands around £1200 and so I can't.

I also received an AmEX in which I don't know how but that is up around £1500. On top of this I have my interest free overdraft with NatWest which is full £2000.

In September I believe this will decrease to £1000 and so means I need to raise that from somewhere.

I have clearly been very naive and seem to be in a little bother!

My question is what do you think my best options are?

A new credit card with 0% balance transfer for 6 months? (Bit of breathing space)

A graduate loan to pay of the cards?

Speak to NatWest about allowing me to keep the £2000 overdraft for a little longer.

I should be getting a better wage with in 6 months and i am moving flat to a cheaper place next month! So money should be coming in!

Sorry if this is in the wrong place but wasn't sure where to put it.
Any help would be great!

Thanks

MrsManda

You're probably better off posting on the Debt Free Wannabe board.
Surely if entertaining clients is part of your job you claim the cost back on expenses?
The people on DFW will be able to advise you.
HTH

jackyboydnb

ok thanks for your help!!

Fire_Fox

You will need to complete this for the Debt-free Wannabe bunch:
http://www.makesenseofcards.com/soacalc.html

Why are you renting a flat, can't you get a room in a shared house? Are you running a car, if so can you get an Oyster card instead? As said above, aren't you claiming back entertainment as expenses?