where to start?

missmental

Hi,

I spent ages this morning filling a form out with all my debts & lost it! I think it was a SOA form But then I couldn't make much sense of it anyway.

My problem is I have a huge Sainsburys loan (21,000) with 5 + years to go at 7.5 % & 3 credit cards totalling 5000. I don't pay a mortgage , my husband does. We don't mix finances. He would die if he knew the mess i'm in. When i filled in the form it seemed to take into account both of our earnings. I would prefer one suited to just me.

I really want to try & reduce this debt, I've tried jiggling around 0% credit cards, debts just getting bigger.

Can anyone suggest where to start?

Thanks,

WASHER

http://www.makesenseofcards.com/soacalc.html

Here is a link to the SOA, you just input your salary figure then and only the bills that you pay. You can write an explanation at the bottom to say about your OH.

Btw, your husband wouldn't die if he knew what mess you are in, he'd probably be very angry or upset, but you have to tell him, do you have a joint mortgage? If so, then you are financially linked and he will probably find out if you want to remortgage (not for debt consolidation though, that rarely works, but for a better rate).