Dont know what to do? Please help?

Clowy2

Hi, I've posted on this board a few days with a SOA, but as I'm work and rushing this, I cant check replies.

I've just been paid and have added up all my cc payments, loan payments, direct debits and its exceeded my income. My partner has borrowed a lot of money from me over the past 12 months (including a joint loan for £7500) and is now paying back his last months payments on a a number of payday loans. He had been burying his head in the sand and it all came out a few months ago and I helped him to sort out some payment plans. Cut a long story short, Ive been paying all bills and buying all food, petrol, and paying my own debts off and got myself into a mess and ended up using my cc's up to the limit. I have another cc with £500 left on it but its on a balance transfer 0% so I cant use it, and I also have another which I applied for over 2 years ago and have the card but just filed it away and never even rang the number on the card. I've had my credit record yesterday and its on there with £3500 limit. I'm thinking of trying to use this for this month, until my partner can start paying back what he owes me and thus reducing the monthly payments therefore leaving me with the extra money so I dont have to use my credit cards. We both realise this is a right mess, but we just need this month to get through it and now I'm stuck. I have NO money to get food/petrol/dog food and still need to find £45 which I am short, oh and I owe my family £130. What can I do? Apply for another card? I was turned down last November for a credit card but have not applied for anything since. Increase my overdraft? I'm at a loss now? I've put some things on ebay earlier which will raise about £50 fingers crossed, but we're stuck.
I want to cry but I'm at work, I cant even make any calls. I feel sick with worry and I know there are many many people out there in worse situations than us, but I really dont know what to do?

Tixy

Have you made this months payments to your credit cards loans etc?

If not I would cancel your DDs and instead send token payments of say £5 per debt with a letter to explain you are seeking financial advice from one of the charities - this will buy you a month to get a plan of action together - http://forums.moneysavingexpert.com/showpost.html?p=21937969&postcount=52
If any of your debts are with your current account bank then you ideally need to open a new account elsewhere.

GeorgeUK

For now, if you have not yet missed payments, it may be worth trying to open a new current account with a bank you don't owe any money to and then also request a credit card. You should be able to get the current account okay, but a credit check will be done for the credit card - this will be the acid test to see if you will be able to transfer funds and get through the month okay.