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deidre

deidre
deidre Posts: 3 Newbie
in Debt-free wannabe
Hello everyone I am new to this and think I have figured out how to post a message. Have been a credit card tart for years but have now come unstuck and a in debt crisis. We have £500 a month left after paying essentials, i.e.mortgage, food, fuel etc. Min payments on cc's are £1200 a month and have been using overdraft to pay this, can't keep it up, £80000 owing on cc's and don't know what to do. Am really worried that we're going to lose our home. Please can someone help?

Comments

  • MFWannabe
    MFWannabe Posts: 2,494 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi Deidre
    Welcome to the board; you've made the first step. you need to post an soa so the lovely people on her can give you advice knowing all the details of incomings and outgoings
    MFW 2025 #50: £1989.73/£6000

    12/08/25: Mortgage: £62,500.00
    12/06/25: Mortgage: £65,000.00
    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    27/12/24: Debt: £0 🥳😁
    27/12/24: Savings: £12,000

    12/08/25: Savings: £12,000



  • deidre
    deidre Posts: 3 Newbie
    There's actually someone out there! What is an soa?
  • nearlyrich
    nearlyrich Posts: 13,698 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Hung up my suit!
    Hi Deidre welcome to DFW you have come to the right place, you need to post a statement of affairs the link is http://www.makesenseofcards.com/soacalc.html
    Read this introduction to DFW and get set to tackle the debts...
    Free impartial debt advice from: National Debtline or Stepchange[/CENTER]
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