Recommend me an unsecured loan

Tixy

Hi

I asked before what the APRs on your current debts are, do you know them. I have to say that unless you consolidation loan would be substantially less than your current APRs I really don't think its a good idea.

Maybe you would be better off working out a detailed budget for each month, working out where you can save money or cut down and plan your way out of debt with the current debts you have.

I think its unlikely you would get a card with a £3k limit, given all that you have told us.

Why are you struggling to pay the car loan this month? Could you parents offer to let you off this months rent so you can pay your car finance, rather than next month to pay for a holiday?

I'd suggest you open a new basic account anyway and move your salary to that. Then you can set up a standing order to start paying off your overdraft each month - if you can afford £80 per month, maybe start paying £40 standing order to your overdraft and £40 off your credit cards (although this split obviously depends on the APRs and respective balances)

bouncydog1

You don't need a loan - you need to review your income and outgoings because clearly you cannot manage your money. It is highly unlikely that you are going to get a loan and if you do, unless you change your habits, cancel your cards and clear your overdraft you are going to be in a worse position in a few months time.

You need to do a full review of your income and outgoings - I bet you are "wasting" money on stuff like mobile phones and overspending on nights out etc. You might not want to hear this, but if you can sort yourself out now then you are going to have a better future.

It sounds as if you need to increase your income to meet your immediate needs - have you something you could sell - the impending holiday to a mate for instance - that would save you the spending money. You could also look at getting a second job - social time without cost.

Unless we have more info we cannot help you.