how much personal loan can i get

CLAPTON

maybe
but find that 270 first

Tixy

On what basis would you go bankrupt? you can afford the repayments.
And even if you did you would still have an income payment arrangement with the OR for the next 3years and probably lose your car. You don't just wipe your debts and start again.

Keep a spending diary, identify what surplus money you should have and then concentrate of putting that all towards your debts.
Its not quick to get out of debt and it does take cutbacks and hardwork. It may take several years to clear your debts, but then it probably took you a few years to run up the debts as well.

adamjw3

CLAPTON wrote: »

maybe
but find that 270 first

the 270 is what is left after all the certain things.

then i have all the variables like take friday, my belt broke so i had to buy a new one. some months have no birthdays others 2 or 3. then xmas isn't eveymonth. then something could go wrong with the car one month and that what that could cost is anyones guess £180? £500?
and of course be nice to go out and have a pint, meal or watch a movie at least once a month.

then i guess i would probably need some new clothes along the line, what i don't know yet. maybe trousers, maybe shoes, who knows what they will need in 6mths time or how much it will cost.

either way i'm pretty screwed.

Tixy

I've just put your debts into the snowball calculator.
You are currently paying £425 per month. If you stay paying off £425 per month and don't run up any further debts it will take you 49months to repay your debts.
If you can only up your repayments to £500 per month you can be debt free in 38months. I would suggest this to be a far better strategy than even considering bankruptcy (which as I say would have a 36month IPA anyway).

adamjw3

Tixy wrote: »

I've just put your debts into the snowball calculator.
You are currently paying £425 per month. If you stay paying off £425 per month and don't run up any further debts it will take you 49months to repay your debts.
If you can only up your repayments to £500 per month you can be debt free in 38months. I would suggest this to be a far better strategy than even considering bankruptcy (which as I say would have a 36month IPA anyway).

can you email me that please

adam[dot]wright90[at]yahoo[dot]co[dot]uk

sorry won't let me do links cause i'm new

Tixy

Have sent you a pm adam.

adamjw3

Just noticed something while looking at my egg account.

the apr is 21.9% for purchases but the apr for balance transfer (reason i got the card) is 16.9%

should i contact them to find out what amount of the balance is being charged what rate?

and the balance on that is 3,378.07 not 3500

but the other credit card is 3,480 not 3,316.74